JPMorgan Chase Provides $22.4M Loan For Nursing Site In San Pedro
311 North Beacon Street, San Pedro, California 90731, United States
$22,400,000
Units
90
Asset Type
Other
Closing
Apr 28, 2022
AI
A nursing site located at 311-345 N. Beacon Street in San Pedro has been involved in a recent transaction. The property consists of 90 units and is owned by Enterprise Community Partners. The transaction took place on 04/29/2022.
Summary of transation details
- Property Type: Nursing Site
- Transaction Amount: $22,400,000
- Loan Lender: JPMorgan Chase
- Landlord: Enterprise Community Partners - Priscilla Almodovar
JPMorgan Chase provided a loan amount of $22,400,000 for the transaction. Priscilla Almodovar, representing Enterprise Community Partners, served as the landlord for the deal.
Players
Los Angeles Other Market Snapshot
Boundary boundary · Other · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.71%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93