Saeed Kohanoff Sells Industrial Property On Hawthorne St In Monterey For $4.15M
SOLD
$4,150,000
California
See Similar DealsIndustrial13,068 SF
Sold
SOLD
Saeed Kohanoff Sells Industrial Property On Hawthorne St In Monterey For $4.15M
899 Hawthorne St, Monterey, CA 93940, USA
See Similar DealsIndustrial13,068 SF
Sold
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$317
Total Square Footage:13068 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$221,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,744.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,673.12
Annual Debt Service$236,077.41
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