Syuzi Hakobyan & Tina Damadyan Of JohnHart Real Estate Represents Buyer In Sun Valley Industrial Sale For $1.813M
9358 San Fernando Road
$1,813,000
$340/SF
Building Size
5,318 SF
Asset Type
Industrial
Closing
Aug 30, 2024
AI
The property asset involved in this transaction is an industrial asset located at 9358 San Fernando Road in the Sun Valley market. The property comprises a total area of 5,318 square feet and was sold for $1,813,000, which equates to a price per square foot of $340. The asking price prior to the sale was set at $2,249,000.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,813,000
- Address: 9358 San Fernando Road
- Market: Sun Valley
- Square Footage: 5,318
- Asking Price: $2,249,000
- Price Per Square Foot: $340
- Buyer's Representative: Syuzi Hakobyan & Tina Damadyan - JohnHart Real Estate
The transaction was represented by Syuzi Hakobyan and Tina Damadyan from JohnHart Real Estate, who acted as the buyer's representatives in this closed transaction. Their involvement provided essential support throughout the negotiation process and ensured the successful acquisition of the property.
Players
Sun Valley 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
8.75%
Cash-on-Cash
-2.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93