Tony & Juliette Bardin Acquire 210.4K SF Industrial Property In Tulare, CA For $3.85M
2861 S K St, Tulare, CA
$3,850,000
$18/SF
Building Size
210,395 SF
Asset Type
Industrial
Closing
Nov 15, 2022
AI
The industrial property located at 2861 S K Street in Tulare, CA has been sold for a price of $3,850,000. The property spans an area of 210,395 square feet, resulting in a price per square foot of $18. The transaction took place on November 15, 2022.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $3,850,000
- Square Footage: 210,395
- Price per Square Foot: $18
- Date: November 15, 2022
- Market: Tulare, CA
Tony & Juliette Bardin purchased the property from Traci Thomas. The transaction was facilitated by Eric Mandell, Luc Hawkshaw, and Gabe Wilson from Ally Commercial Real Estate, who represented both the buyer and the seller.
Players
Tulare Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.12%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93