Korea Investment & Securities Acquires Santa Ana Office Building For $35.4M
SOLD
$35,400,000
California
See Similar DealsOffice200,000 SF
Sold 10/07/2020
SOLD
Korea Investment & Securities Acquires Santa Ana Office Building For $35.4M
2 MacArthur Pl, Santa Ana, CA 92707, USA
See Similar DealsOffice200,000 SF
Sold 10/07/2020
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$177
Total Square Footage:200,000 SF
Transaction Type:Sale
The office property at 2 MacArthur Place in Santa Ana was recently sold for a price of $35,400,000. The property spans an area of 200,000 square feet, resulting in a price per square foot of $177.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $35,400,000
- Buyer: Il-Mun Jung – Korea Investment & Securities
- Seller: Ocean West Capital
- Address: 2 MacArthur Place, Santa Ana
- Market: Santa Ana
- Square Footage: 200,000
- Price per Square Foot: $177
Il-Mun Jung from Korea Investment & Securities represented the buyer in this transaction, while Ocean West Capital served as the seller.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,888,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$125,768.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$167,814.06
Annual Debt Service$2,013,768.72
Is there something missing? Send suggestions