Updated Sep 9, 2024
Yair Haimoff Of Spectrum Commercial Real Estate Sells Office Building On Park Lane, Moorpark For $3.5M
145 Park Ln Moorpark, CA 93021, USA
$3,500,000
$226/SF
Building Size
15,463 SF
Asset Type
Office
Closing
Jun 23, 2023
About this deal
AI
The office property located at 145 Park Lane in Moorpark has been sold for $3,500,000. The transaction was handled by Yair Haimoff from Spectrum Commercial Real Estate. The property spans a total of 15,463 square feet, resulting in a price per square foot of $226.
Summary of transation details
- Property Type: Office
- Transaction Amount: $3,500,000
- Address: 145 Park Lane
- Market: Moorpark
- Broker: Yair Haimoff
- Agency: Spectrum Commercial Real Estate
- Size: 15,463 square feet
- Price per Square Foot: $226
The successful sale of the office property at 145 Park Lane was facilitated by Yair Haimoff, representing Spectrum Commercial Real Estate. This transaction marks a significant deal in the Moorpark market, further establishing the expertise and capabilities of all parties involved.
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Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93