Dundee Kelbell Acquires Industrial Property In Wasco, CA For $2.6M
591 J Street
$2,600,000
$74/SF
Building Size
35,000 SF
Asset Type
Industrial
Closing
Sep 2, 2022
AI
A 35,000 square foot industrial property located at 591 J Street in Wasco, CA, has been sold for $2,600,000. The property was purchased by Dundee Kelbell from Joseph Willougby. The transaction was facilitated by Benji Gribnau, Leor Binshtock, and Jake Zacuto from Zacuto Group, Inc.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $2,600,000
- Square Footage: 35,000
- Price per Square Foot: $74
- Address: 591 J Street, Wasco, CA
- Market: Wasco, CA
Benji Gribnau, Leor Binshtock, and Jake Zacuto from Zacuto Group, Inc represented the buyer and seller in the deal.
Players
Wasco 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
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93