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9358 San Fernando Road

Syuzi Hakobyan & Tina Damadyan Of JohnHart Real Estate Represents Buyer In Sun Valley Industrial Sale For $1.813M
SOLDIndustrial

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:

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

Syuzi Hakobyan

JohnHart Real Estate

Broker

$23.3M

vol

12 deals

Broker

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