Updated Dec 19, 2023
Katie Yao Acquires Los Gatos Warehouse For $13.2M
620 Blossom Hill Road
$13,230,000
$735,000/SF
Building Size
18 SF
Asset Type
Industrial
Closing
May 18, 2022
About this deal
AI
The property involved in this closed transaction is a warehouse located at 620 Blossom Hill Rd in Los Gatos, CA. The warehouse spans 18,108 square feet and was sold for a price of $13,230,000, resulting in a price per square foot of $730.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $13,230,000
- Address: 620 Blossom Hill Rd, Los Gatos, CA
- Market: Los Gatos, CA
- Buyer: Katie Yao
- Seller: John Thomas, Jack S Roberts & Richard H Lambie
Katie Yao is the buyer in this transaction, while John Thomas, Jack S Roberts, and Richard H Lambie are the sellers.
Players
Los Gatos 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
1.20%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93