Updated Oct 25, 2024
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, Saeed Kohanoff, 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.
On the Map
$4,150,000
$317/SF
Industrial
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Players
Monterey 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
3.82%
Cash-on-Cash
-1.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93