Updated Oct 28, 2024
Dewey Land Acquires Parking Lot In San Carlos For $20M
1030 Brittan Avenue, San Carlos, California 94070, United States
$20,000,000
Building Size
—
Asset Type
Other
Closing
Mar 15, 2022
About this deal
AI
The parking lot located at 1030 Brittan Avenue in San Carlos has been sold for a transaction price of $20,000,000. The sale took place on March 16, 2022.
Summary of transaction details
- Property Type: Parking Lot
- Transaction Amount: $20,000,000
- Address: 1030 Brittan Avenue, San Carlos
- Market: San Carlos
Dewey Land, represented by Richard R. Dewey Jr., acquired the parking lot. Richard R. Dewey Jr. acted as the buyer's representative in this transaction.
The other sale at 1030 Brittan Avenue, San Carlos, California 94070, United States in San Carlos, California sold for $20M in 2022. 1030 Brittan Avenue, San Carlos, California 94070, United States is classified as Other on Traded. This page is the San Carlos, California file for the 1030 Brittan Avenue, San Carlos, California 94070, United States other sold: pricing, party profiles, and other closed other comps from the same San Carlos sit in the Market section below. Filter that San Carlos other set by closing date to see what else sold near 1030 Brittan Avenue, San Carlos, California 94070, United States around 2022. Published consideration for 1030 Brittan Avenue, San Carlos, California 94070, United States is $20M, dated 2022. Cite this Dewey Land Acquires Parking Lot In San Carlos For $20M sale when underwriting similar other product around San Carlos, California.
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San Carlos Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93