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
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.
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