Updated Oct 28, 2024
Rld Family LP Acquires Manufacturing/Processing Facility In Los Gatos For $3.8M
644 University Avenue, Los Gatos, California 95032, United States
$3,800,000
$299/SF
Building Size
12,706 SF
Asset Type
Industrial
Closing
Dec 12, 2021
About this deal
AI
The manufacturing/processing property located at 644 University Ave in Los Gatos, CA was recently sold for $3,800,000. The property spans 12,706 square feet, resulting in a price per square foot of $299.
Summary of transaction details
- Property Type: Manufacturing/Processing
- Transaction Amount: $3,800,000
- Address: 644 University Ave, Los Gatos, CA
- Market: Los Gatos, CA
- Buyer: Rld Family Limited Partnership
- Seller: Joseph R Kafka & Robert P Schiro Jr
Rld Family Limited Partnership acquired the property from Joseph R Kafka & Robert P Schiro Jr. in this transaction.
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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93