Updated Oct 29, 2024
Marin Simgo LLC Acquires Property At 501 Marin St Thousand Oaks For $9.25M With Buyer's Rep Jay Rubin
501 Marin St, Thousand Oaks, CA, 91...
$9,250,000
$184/SF
Building Size
50,234 SF
Asset Type
MultiFamily
Closing
Nov 20, 2023
About this deal
AI
The property involved in this transaction is located at 501 Marin St, Thousand Oaks, CA, with a transaction price of $9,250,000.00 and a total square footage of 50,234. The property is situated within the Thousand Oaks market.
Summary of transaction details:
- Property Type: Unknown
- Transaction Amount: $9,250,000.00
- Address: 501 Marin St, Thousand Oaks, CA
- Market: Thousand Oaks
- Buyer: Marin Simgo, LLC
- Seller: Unknown
- Buyer's Representative: Jay Rubin - Lee & Associates
The deal involves Marin Simgo, LLC as the buyer, while the seller remains unidentified. The buyer is represented in this transaction by Jay Rubin from Lee & Associates, contributing to the negotiation and closing of the sale.
On the Map
$9,250,000
$184/SF
MultiFamily
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Players
Thousand Oaks MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.71%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93