Anaheim Community Hospital Acquires Office Building On W Ball Rd For $4.37M
SOLD
$4,370,000
California
See Similar DealsOffice160,000 SF
Sold 08/14/2020
SOLD
Anaheim Community Hospital Acquires Office Building On W Ball Rd For $4.37M
3340 W Ball Rd, Anaheim, CA 92804, USA
See Similar DealsOffice160,000 SF
Sold 08/14/2020
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$27
Total Square Footage:160,000 SF
Transaction Type:Sale
The office property located at 3340 W Ball Rd in Anaheim has been sold for $4,370,000. This property spans 16,000 square feet, resulting in a price per square foot of $273.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $4,370,000
- Address: 3340 W Ball Rd, Anaheim
- Market: Anaheim
- Square Footage: 16,000
- Price Per Square Foot: $273
The seller of the property was George Saadian, and the buyer was Anaheim Community Hospital. The deal was facilitated by Patrick Sharples, the broker involved in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$233,066.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,525.69
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,716.03
Annual Debt Service$248,592.35
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