Albert Khodari Acquires Industrial Property In Oxnard For $7.6M
301-319 Lambert Street, Oxnard, CA, USA
$7,600,000
$131/SF
Building Size
57,600 SF
Asset Type
Industrial
Closing
Oct 21, 2021
AI
The industrial property located at 301-319 Lambert Street in Oxnard, North Los Angeles (Ventura County), was recently sold for a total price of $7,600,000. Spanning a total area of 57,600 square feet, the property was acquired by Albert Khodari from the seller Ferro. The sale was facilitated by Tim Wallace from Cushman & Wakefield.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $7,600,000
- Address: 301-319 Lambert Street, Oxnard
- Market: North Los Angeles (Ventura County)
The deal was successfully closed on 10/21/2021, with a price per square foot of approximately $131.
Players
Oxnard 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
2.09%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93