Updated Oct 28, 2024
SDS Capital Group Acquires Nursing House In Bay Area For $10M
1325 Galindo Street, Concord, California 94520, United States
$10,000,000
Units
75
Asset Type
Other
Closing
Mar 28, 2022
About this deal
AI
SDS Capital Group, represented by Deborah La Franchi, has recently acquired a nursing house located at 1325-1335 Galindo St in the Bay Area. The transaction took place on 03/29/2022 and the property was sold for a total price of $10,000,000. The nursing house consists of 75 units, resulting in an average price per unit of $133,333.
Summary of transaction details:
- Property Type: Nursing House
- Transaction Amount: $10,000,000
- Units: 75
- Price per Unit: $133,333
- Buyer: SDS Capital Group - Deborah La Franchi
- Date: 03/29/2022
- Address: 1325-1335 Galindo St
- Market: Bay Area
Deborah La Franchi, representing SDS Capital Group, played a crucial role in the acquisition of this nursing house. With their expertise and strategic decision-making, they successfully closed the deal, showcasing their dedication and commitment to the real estate market in the Bay Area.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93