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4125 Market St, Ventura, CA...

Updated Dec 21, 2023

Billy Busch Jr. Acquires Industrial Property In Ventura For $905K
SOLDIndustrial

Billy Busch Jr. Acquires Industrial Property In Ventura For $905K

4125 Market St, Ventura, CA, USA

$905,000

$205/SF

Building Size

4,400 SF

Asset Type

Industrial

Closing

Sep 21, 2021

About this deal

AI

Billy Busch Jr., Sean Matthews, and Brett Hazard have completed the sale of an industrial property in Ventura. The property is located at 4125 Market St. and spans 4,400 square feet. The transaction took place on September 21, 2021. The asset was sold by Brad Bibey to Billy Busch Jr. for a total price of $905,000, resulting in a price per square foot of $206.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $905,000
  • Address: 4125 Market St.
  • Market: Ventura
  • Square Footage: 4,400 SF
  • Buyer: Billy Busch Jr.
  • Seller: Brad Bibey

The transaction was facilitated by Sean Matthews and Brett Hazard, who represented Billy Busch Jr. in the deal. They ensured the successful completion of this industrial property sale.

Players

Sean Matthews

Compass

Broker

$905K

vol

1 deal

Broker

Ventura Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $205 per square foot on a published $905K for 4,400 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

17.53%

Cash-on-Cash

-5.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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