SOLDMixed-use
Charlie Kinstler Acquires Mixed-use Property In San Clemente, Orange County For $5.1M
223 Avenida Del Mar, San Clemente, California 92672, United States
$5,117,000
$922/SF
Building Size
5,550 SF
Asset Type
Mixed-use
Closing
May 19, 2022
AI
Located at 223 Avenida Del Mar, in San Clemente, Orange County, this closed transaction involved a mixed-use property.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $5,117,000
- Square Footage: 5,550
- Price per Square Foot: $921
- Market: San Clemente, Orange County
Charlie Kinstler purchased the property from Alan Brodkin for a price of $5,117,000. The transaction was facilitated by brokers Connor Stevens & Chris Hodgman from Retail Insite.
Players
San Clemente Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.10%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93