Dynamic Aquatic Inc. Acquires Multifamily Property In Canoga Park For $1.55M
SOLD
$1,550,000
California
See Similar DealsMultiFamily4,568 SF
Sold 09/22/2020
SOLD
Dynamic Aquatic Inc. Acquires Multifamily Property In Canoga Park For $1.55M
8726 Owensmouth Ave, Canoga Park, CA 91304, USA
See Similar DealsMultiFamily4,568 SF
Sold 09/22/2020
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$339
Total Square Footage:4,568 SF
Transaction Type:Sale
The multifamily property located at 8726 Owensmouth Ave in Canoga Park has been sold for a price of $1,550,000. The transaction took place on September 22, 2020.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,550,000
- Address: 8726 Owensmouth Ave
- Market: Canoga Park
The buyer of the property is Dynamic Aquatic Inc. representing themselves in the deal. The seller is Schachtle Trust. The transaction was facilitated by broker David Cohen.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$82,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,506.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,347.79
Annual Debt Service$88,173.49
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