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Hidden Hills, CA, USA

Ben Simmons Acquires Hidden Hills SFR For $17.5M With Brokers Stephen Sweeney, Altman Brothers, And Bre Tiesi
SOLDIndustrial

Ben Simmons Acquires Hidden Hills SFR For $17.5M With Brokers Stephen Sweeney, Altman Brothers, And Bre Tiesi

Hidden Hills, CA, USA

$17,500,000

$1,458/SF

Building Size

12,000 SF

Asset Type

Industrial

Closing

Jun 28, 2020

AI

Ben Simmons has recently sold a single-family home in Hidden Hills for a whopping $17,500,000. The property spans 12,000 square feet, resulting in a price per square foot of $1,458. This sale took place on June 28, 2021.

Summary of transaction details

  • Property Type: Single Family Home (SFR)
  • Transaction Amount: $17,500,000
  • Market: Hidden Hills

Stephen Sweeney from SGS Estates, Josh & Matt Altman from Douglas Elliman's Altman Brothers Team, and Bre Tiesi from Keller Williams served as the brokers in this deal.

Players

Matthew Altman

Douglas Elliman

Broker

$512.6M

vol

34 deals

Broker

Ben Simmons

Buyer

$35.1M

vol

3 deals

Buyer

Hidden Hills Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.91%

Cash-on-Cash

-0.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93