Public Storage Acquires Industrial Property In Compton For $5.25M
3010 North Alameda Street, Compton, California 90222, United States
$5,250,000
Building Size
—
Asset Type
Industrial
Closing
Mar 8, 2022
AI
The industrial property located at 3010-3012 N Alameda St in Compton has been sold. This property spans over 2 acres and was sold for a total price of $5,250,000. The transaction took place on 03/09/2022.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $5,250,000
- Address: 3010-3012 N Alameda St
- Market: Compton
- Acres: 2
The buyer of the property is Public Storage and the seller is Jack Purcell. The deal was brokered by Roy Harel and Jonathan Lee from Nublock Partners.
Players
Compton Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93