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23041 Avenida De La Carlota

AmeriPharma US Acquires Office Asset From Angelo Gordon In Laguna Hills For $15.53M
SOLDOffice

AmeriPharma US Acquires Office Asset From Angelo Gordon In Laguna Hills For $15.53M

23041 Avenida De La Carlota

$15,529,000

$229/SF

Building Size

67,588 SF

Asset Type

Office

Closing

Jun 1, 2023

AI

The property asset involved in the transaction is located at 23041 Avenida De La Carlota in Laguna Hills. It is an office asset that encompasses a total of 67,588 square feet. The transaction was completed for a total price of $15,529,000.00.

Summary of transation details:

This transaction involved key individuals and companies including the buyer AmeriPharma US and the seller Angelo Gordon, with representation from brokers Robin Singh of Lincoln Property Company, Brad Keyes, and Narine Vartanian, who facilitated the deal.

Players

Brad Keyes

Keyes Real Estate

Broker

$67.8M

vol

8 deals

Broker
AU
AmeriPharma USBuyer

Laguna Hills Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.02%

Cash-on-Cash

-0.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93