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David Albanese Acquires Industrial Property For $1.05M In Ventura County

Property Image
SOLD
$1,050,000
Bentley Mckean
Gary Cohen
James Debuiser

California

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Industrial7,104 SF
Sold 03/10/2022
the dealplayerscompscontact
Property Image
SOLD

David Albanese Acquires Industrial Property For $1.05M In Ventura County

820 East 5th Street, Oxnard, California 93030, United States

See Similar Deals
Industrial7,104 SF
Sold 03/10/2022
Bentley Mckean
Gary Cohen
James Debuiser
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$147
Total Square Footage:7,104 SF
Transaction Type:Sale

An industrial property located at 820 E. 5th St. in Ventura County has been sold for a total of $1,050,000. The property spans a total of 7,104 square feet, resulting in a price per square foot of $147.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $1,050,000
  • Address: 820 E. 5th St.
  • Market: Ventura County

The buyer of the property was David Albanese, while the seller was David Shuze. The transaction was facilitated by Bentley McKean, Gary Cohen, and James DeBuiser, representing the Cohen-DeBuiser Team from Marcus & Millichap.

Players

Gary Cohen
Marcus & Millichap
Gary Cohen
19 deals$167.2M volume(818) 212-2250
BROKER
James Debuiser
Marcus & Millichap
James Debuiser
18 deals$136.9M volume
BROKER
Bentley Mckean
Bentley Mckean
8 deals$39.3M volume
BROKER

Details

SOLD
IMAGE: Bentley McKean, Gary Cohen & James DeBuiser DATE: 03/10/2022 ADDRESS: 820 E. 5th St. MARKET: Ventura County ASSET TYPE: Industrial BUYER: David Albanese SELLER: David Shuze BROKERS: Bentley McKean (@BentleyMcKean), Gary Cohen (@GarySea22) & James DeBuiser (@JamesJDeBuiser) (Cohen-DeBuiser Team) (@MarcusMillichapVentura) - Marcus & Millichap SALE PRICE: $1,050,000 SF: 7,104 ~ PPSF: $147

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,730.43
Cash-on-Cash Return-1.27%
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