facebook
Traded Co logo
Submit

Andrew Marchese, Elise Marchese Vaughn, Paulina Marchese & Christopher J Marchese III Acquire Los Gatos Office Building From Mark D Milani For $6.22M

Property Image
SOLD
$6,221,500
EV
CI

California

See Similar Deals
Office8,147 SF
Sold 07/15/2022
the dealplayerscompscontact
Property Image
SOLD

Andrew Marchese, Elise Marchese Vaughn, Paulina Marchese & Christopher J Marchese III Acquire Los Gatos Office Building From Mark D Milani For $6.22M

455 Los Gatos Boulevard, Los Gatos, California 95032, United States

See Similar Deals
Office8,147 SF
Sold 07/15/2022
EV
CI
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$763
Total Square Footage:8,147 SF
Transaction Type:Sale

An office building located at 455 Los Gatos Blvd in Los Gatos, CA has been sold in a closed transaction. The property spans approximately 8,147 square feet and was sold for a total price of $6,221,500. This translates to a price per square foot of $763.

Summary of transation details

  • Property Type: Office Building
  • Transaction Amount: $6,221,500.00
  • Address: 455 Los Gatos Blvd, Los Gatos, CA
  • Market: Los Gatos, CA

The buyer of the office building is Andrew Marchese, Elise Marchese Vaughn, Paulina Marchese & Christopher J Marchese III. On the other hand, the seller of the property is Mark D Milani.

Players

EV
Elise Marchese Vaughn
2 deals$12.7M volume
BUYER
CI
Christopher J Marchese III
2 deals$12.7M volume
BUYER

Details

SOLD
IMAGE: 07/15/2022 ADDRESS: 455 Los Gatos Blvd MARKET: Los Gatos, CA ASSET TYPE: Office Building BUYER: Andrew Marchese, Elise Marchese Vaughn, Paulina Marchese & Christopher J Marchese III SELLER: Mark D Milani PRICE: $6,221,500.00 SF: 8,147 ~ PPSF: $763

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

Contact

Get in touch with the broker you want

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$331,813.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$22,103.69
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,493.08
Annual Debt Service$353,917.01