Lior Regenstreif Acquires Newbury Park Property For $2.9M
SOLD
$2,900,000
California
See Similar DealsMultiFamily2,850 SF
Sold 08/09/2019
SOLD
Lior Regenstreif Acquires Newbury Park Property For $2.9M
917 Academy Dr, Newbury Park, Thousand Oaks, CA, USA
See Similar DealsMultiFamily2,850 SF
Sold 08/09/2019
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$1,017
Total Square Footage:2,850 SF
Transaction Type:Sale
The property at 917 Academy Dr in Newbury Park has been sold for $2,900,000. The transaction took place on 08/09/2019. The property is a 2,850 square foot space with a price per square foot of $1,017.54. The sale was facilitated by broker Lior Regenstreif.
Summary of transaction details:
- Property Type: SALE
- Transaction Amount: $2,900,000
- Address: 917 Academy Dr, Newbury Park
- Market: Newbury Park
- Date: 08/09/2019
- Broker: Lior Regenstreif
- Square Footage: 2,850
- Price Per Square Foot: $1,017.54
The sale of this property was a successful transaction, thanks to the efforts of broker Lior Regenstreif.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$154,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,303.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,747.48
Annual Debt Service$164,969.75
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