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899 Hawthorne St, Monterey,...

Updated Oct 25, 2024

Bilt advertisement
Saeed Kohanoff Sells Industrial Property On Hawthorne St In Monterey For $4.15M
SOLDIndustrial

Saeed Kohanoff Sells Industrial Property On Hawthorne St In Monterey For $4.15M

899 Hawthorne St, Monterey, CA 93940, USA

$4,150,000

$317/SF

Building Size

13,068 SF

Asset Type

Industrial

Closing

Aug 13, 2020

About this deal

AI

An industrial property located at 899 Hawthorne St in Monterey has been sold for a price of $4,150,000. The property spans over an area of 13,068 square feet, resulting in a price per square foot of $317.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $4,150,000
  • Address: 899 Hawthorne St, Monterey
  • Market: Monterey

The seller of this industrial property was Saeed Kohanoff. The transaction was handled by brokers Justin Kohanoff and Chandler J. Kelley.

The industrial sale at 899 Hawthorne St, Monterey, CA 93940, USA in Monterey, California sold for $4.2M in 2020. The building is 13,068 square feet, implying about 317 per square foot on the published price. Justin Kohanoff, Chandler J Kelley, Retail Link Associates appear on the sale alongside Retail Link Associates. This page is the Monterey, California file for the 899 Hawthorne St, Monterey, CA 93940, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Monterey sit in the Market section below. Filter that Monterey industrial set by closing date to see what else sold near 899 Hawthorne St, Monterey, CA 93940, USA around 2020. Published consideration for 899 Hawthorne St, Monterey, CA 93940, USA is $4.2M, dated 2020. Cite this Saeed Kohanoff Sells Industrial Property On Hawthorne St In Monterey For $4.15M sale when underwriting similar industrial product around Monterey, California.

Players

Chandler J Kelley

Retail Link Associates

Broker

$46M

vol

11 deals

Broker

Monterey Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $317 per square foot on a published $4.2M for 13,068 square feet (2020).

Visit Justin Kohanoff to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.82%

Cash-on-Cash

-1.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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