Nick Krakower RJ Dumke Of SRS Real Estate Partners Represents Buyer In Santa Ana Industrial Sale For $6.6M
SOLD
California
See Similar DealsIndustrial19,000 SF
Sold 05/15/2025
SOLD
Nick Krakower RJ Dumke Of SRS Real Estate Partners Represents Buyer In Santa Ana Industrial Sale For $6.6M
2901 South Harbor Boulevard
See Similar DealsIndustrial19,000 SF
Sold 05/15/2025
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$347
Total Square Footage:19,000 SF
Transaction Type:Sale
The industrial asset located at 2901 South Harbor Boulevard in Santa Ana has been sold. The transaction was finalized at a sale price of $6,600,000, encompassing a total square footage of 19,000, resulting in a price per square foot of $347.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $6,600,000
- Address: 2901 South Harbor Boulevard
- Market: Santa Ana
- Square Footage: 19,000
- Price Per Square Foot: $347
- Buyer's Representatives: Nick Krakower, RJ Dumke - SRS Real Estate Partners; Carlo Samson & Craig Samson - SBA Financing | Team Samson - Statewide CDC
The deal involved key representatives in the transaction, including Nick Krakower and RJ Dumke from SRS Real Estate Partners, along with Carlo Samson and Craig Samson representing SBA Financing and Team Samson from Statewide CDC.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$352,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$23,448.40
Cash-on-Cash Return-1.27%
Monthly Debt Service$31,287.37
Annual Debt Service$375,448.41
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