Miryam Saleh Acquires Industrial Property At 3740 Fruitland Avenue In Maywood For $3.85M
SOLD
$3,850,000
California
See Similar DealsIndustrial18,350 SF
Sold 08/16/2024
SOLD
Miryam Saleh Acquires Industrial Property At 3740 Fruitland Avenue In Maywood For $3.85M
3740 Fruitland Avenue
See Similar DealsIndustrial18,350 SF
Sold 08/16/2024
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$209
Total Square Footage:18,350 SF
Transaction Type:Sale
The industrial property located at 3740 Fruitland Avenue in Maywood has a sale price of $3,850,000. The total square footage of the asset is 18,350, which translates to a price per square foot of $209.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,850,000
- Address: 3740 Fruitland Avenue
- Market: Maywood
- Square Footage: 18,350
- Price Per Square Foot: $209
- Buyer: Miryam Saleh
- Seller: Shaoul Levy
- Seller's Representative: Jared Swedelson & Rose O'Sullivan - NAI Global
The transaction was facilitated by Jared Swedelson and Rose O'Sullivan, who represent the seller Shaoul Levy through NAI Global. The sale adds to the portfolio of Miryam Saleh as the buyer within the industrial real estate market in Maywood.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$205,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,678.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,250.96
Annual Debt Service$219,011.57
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