facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Mixed Use

/

Sale

/

3111 East Main Street

Updated Sep 9, 2024

Jamey Thornton Purchases Mixed-Use Property In Ventura For $3.2M
SOLDMixed-use

Jamey Thornton Purchases Mixed-Use Property In Ventura For $3.2M

3111 East Main Street

$3,200,000

$195/SF

Building Size

16,399 SF

Asset Type

Mixed-use

Closing

Jun 13, 2022

About this deal

AI

The mixed-use property located at 3111 E. Main St. in Ventura has been sold for a price of $3,200,000. The property spans across 16,399 square feet, resulting in a price per square foot of $195.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $3,200,000
  • Address: 3111 E. Main St.
  • Market: Ventura
  • Square Footage: 16,399
  • Price per Square Foot: $195

The buyer of the property is Jamey Thornton, and the seller is Ruth Stevens. The transaction was facilitated by the brokers Brandon Michaels and Matthew Luchs from The Brandon Michaels Group.

Players

Brandon Michaels

Marcus & Millichap

Broker

$755.4M

vol

139 deals

Broker

Ventura Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Deal FAQ

About $195 per square foot on a published $3.2M for 16,399 square feet (2022).

Visit Matthew Luchs to view all their deals.

Browse Ventura mixed use sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.96%

Cash-on-Cash

-1.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets