Grant Long Acquires Industrial Property In Orange County For $8.4M
3144 W Adams St Santa Ana, CA 92704, USA
$8,400,000
$418/SF
Building Size
20,060 SF
Asset Type
Industrial
Closing
Sep 8, 2023
AI
A 20,060 square foot industrial property located at 3144 West Adams Boulevard in Orange County has been sold for $8,400,000. The property was listed at an average price per square foot of $419.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $8,400,000
- Square Footage: 20,060
- Address: 3144 West Adams Boulevard
- Market: Orange County
The buyer of this industrial property is Grant Long, while the seller is Enas Barkho. Acting as the seller's representative in the deal was Nathan Demosthenes from Cushman & Wakefield.
Market 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
1.89%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93