KA Enterprises Acquires Industrial Property In Chula Vista For $6M
995 Bay Boulevard, Chula Vista, CA, USA
$6,000,000
$191/SF
Building Size
31,302 SF
Asset Type
Industrial
Closing
Aug 20, 2020
AI
A sale transaction took place in Chula Vista, involving an industrial property located at 995 Bay Boulevard. The property spans 31,302 square feet and was sold for a price of $6,000,000, resulting in a price per square foot of $191.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $6,000,000
- Date: 08/20/2021
- Market: Chula Vista
The buyer in this transaction was KA Enterprises. The deal was facilitated by Ben Tashakorian and Ali Valiahdi from the brokerage firm Marcus & Millichap.
Players
Chula Vista 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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93