Frances Campbell & Nima Farahani Acquire Agoura Hills Office Building For $2.6M
SOLD
$2,595,000
+ 2
California
See Similar DealsOffice7,357 SF
Sold
SOLD
Frances Campbell & Nima Farahani Acquire Agoura Hills Office Building For $2.6M
5030 Chesebro Road, Agoura Hills, CA 91301, USA
See Similar DealsOffice7,357 SF
Sold
+ 2
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$352
Total Square Footage:7357 SF
Transaction Type:Sale
A property in Agoura Hills, located at 5030 Chesebro Road, has been sold for a price of $2,595,000. The asset is an office with a total area of 7,357 square feet. The price per square foot for this transaction is $352.73. The sale took place on February 12, 2020.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $2,595,000
- Address: 5030 Chesebro Road, Agoura Hills
- Market: Agoura Hills
- Size: 7,357 sq ft
- Price per Square Foot: $352.73
The buyers of the property are Frances Campbell and Nima Farahani. They purchased the property from Lotus Assets, LLC. The transaction was facilitated by brokers David Schatz, Ryan Serling, Martin Agnew, Christian Hayes, and Tilden Moschetti.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$138,400.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,219.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,301.62
Annual Debt Service$147,619.49
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