Updated Dec 21, 2023
Jon Michael Sanchez Acquires Sunnyvale, CA Warehouse For $5.15M
927 Kifer Road, Sunnyvale, California 94086, United States
$5,150,000
$536/SF
Building Size
9,600 SF
Asset Type
Industrial
Closing
Jan 30, 2022
About this deal
AI
The warehouse property located at 927 Kifer Rd in Sunnyvale, CA has been sold in a recent transaction. The property spans 9,600 square feet and was sold for a price of $5,150,000, resulting in a price per square foot of $536.
Summary of transaction details:
- Property Type: Warehouse
- Transaction Amount: $5,150,000
- Address: 927 Kifer Rd, Sunnyvale, CA
- Market: Sunnyvale, CA
- Buyer: Jon Michael Sanchez
- Seller: Bernice Elizabeth Cowherd & Randall Dean Cowherd
- Square Footage: 9,600
- Price per Square Foot: $536
Jon Michael Sanchez has acquired the warehouse property from Bernice Elizabeth Cowherd & Randall Dean Cowherd. This transaction marks a significant deal for the parties involved.
Players
Sunnyvale 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
3.08%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93