Updated Dec 21, 2023
Kenneth J Machado Jr & John B Machado Acquire Office Building On Castro St In Mountain View For $13.66M
565 Castro Street, Mountain View, California 94041, United States
$13,660,000
$1,669/SF
Building Size
8,183 SF
Asset Type
Office
Closing
Apr 13, 2022
About this deal
AI
An office building located at 565 Castro St in Mountain View, CA has been sold for a total of $13,660,000. The building measures approximately 8,183 square feet, resulting in a price per square foot of $1,669. The transaction took place on April 14, 2022, with Katie Yao as the seller.
Summary of transaction details
- Property Type: Office Building
- Transaction Amount: $13,660,000
- Address: 565 Castro St, Mountain View, CA
- Market: Mountain View, CA
- Square Footage: 8,183
The buyers of the property are Kenneth J Machado Jr & John B Machado, while Katie Yao represents the seller's side in this transaction.
Players
Mountain View 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
1.16%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93