Updated Oct 29, 2024
Arcacia Acquires Industrial Property In Azusa For $6.1M
956 W 10th St, Azusa, CA, USA
$6,100,000
$215/SF
Building Size
28,366 SF
Asset Type
Industrial
Closing
Dec 28, 2021
About this deal
AI
The industrial property located at 956, 960, 968, 972 W. 10th St. in Azusa has been sold for a total price of $6,100,000. The property spans across 28,366 square feet with a price per square foot of $215. The sale was facilitated by Joseph Harmon and Charles Johnson acting as brokers.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $6,100,000
- Address: 956, 960, 968, 972 W. 10th St., Azusa
- Market: Azusa
Joseph Harmon and Charles Johnson represented Arcacia as the buyers in this deal, while Bolcof Lieberman acted as the seller. For more information about this transaction, please contact Joseph Harmon at (626) 840-7040.
Players
Azusa 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
2.60%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93