Ryan Adjnasian, Mark Blumenthal & Bobby Khorshidi Acquire Bell Gardens Industrial Property For $4.1M
6855 Suva Street, Bell Gardens, CA 90201, USA
$4,100,000
$113/SF
Building Size
36,000 SF
Asset Type
Industrial
Closing
Apr 9, 2019
AI
An industrial property located at 6855 Suva St in Bell Gardens has been sold for $4,100,000. The property spans an area of 36,000 square feet and was sold at a price of $113 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,100,000
- Address: 6855 Suva St, Bell Gardens
- Square Footage: 36,000
- Price per Square Foot: $113
The buyers of the property are Ryan Adjnasian, Mark Blumenthal, and Bobby Khorshidi, representing Partners Capital. The seller of the property is Daisy Investments Ltd. The transaction was facilitated by Remy Moses from Lee & Associates.
Players
Bell Gardens 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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93