MW Investment Group Acquires Office Building In Los Alamitos For $26.5M
4665 Lampson Avenue, Los Alamitos, California 90720, United States
$26,500,000
$301/SF
Building Size
88,000 SF
Asset Type
Office
Closing
Jan 11, 2022
AI
The sale of an office property in Los Alamitos has been finalized. The property, located at 4665 Lampson Ave, spans over an impressive 12.4 acres. MW Investment Group acquired the property from the U.S. Department of Education, completing the transaction on January 12, 2022.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $26,500,000
- Size: 88,000 square feet
- Price per Square Foot: $301
- Address: 4665 Lampson Ave
- Market: Los Alamitos
The buyer, MW Investment Group, was represented by their broker in the deal. The seller, U.S. Department of Education, also had their representative involved in the transaction.
Players
Seal Beach 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
0.60%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93