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Golden Arch Properties LP Acquires Other Property In Baldwin Park For $11.8M

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SOLD
$11,778,000

California

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Other45,947 SF
Sold 08/23/2019
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Property Image
SOLD

Golden Arch Properties LP Acquires Other Property In Baldwin Park For $11.8M

14103 Ramona Boulevard, Baldwin Park, CA 91706, USA

See Similar Deals
Other45,947 SF
Sold 08/23/2019
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Summary

CALIFORNIA
Asset Type:Other
Price Per Square Foot:$256
Total Square Footage:45,947 SF
Transaction Type:Sale

Golden Arch Properties LP has acquired an Other asset in Baldwin Park, CA. The property, located at 14103 Ramona Boulevard, was sold by Valu Properties LLC. The deal, which closed on 08/23/2019, had a sale price of $11,778,000. The property spans a total of 45,947 square feet, resulting in a price per square foot of $256.34. With a capitalization rate of 6.24%, this transaction presents a lucrative investment opportunity.

Summary of transaction details

  • Property Type: Other
  • Transaction Amount: $11,778,000
  • Market: Baldwin Park
  • Square Footage: 45,947
  • Price per Square Foot: $256.34
  • Capitalization Rate: 6.24%

The deal was facilitated by Reza Ghobadi, Jereme Snyder, and Eric Carlton, who represented the buyer and seller. As representatives of Golden Arch Properties LP, they demonstrated their expertise in navigating this transaction, ensuring a successful outcome for both parties involved.

Players

Eric Carlton
2 deals$34.8M volume
BROKER

Reza Ghobadi
Colliers
37 deals$277.6M volume(818) 325-4142
BROKER

Jereme Snyder
Colliers
4 deals$46.3M volume
BROKER

Details

SOLD
IMAGE: Reza Ghobadi, Jereme Snyder & Eric Carlton @teamghobadi DATE: 08/23/2019 ADDRESS: 14103 Ramona Boulevard MARKET: Baldwin Park ASSET TYPE: Other PRICE: $11,778,000 SF: 45,947 PPSF: $256.34 CAP: 6.24% BUYER: Golden Arch Properties LP SELLER: Valu Properties LLC BROKERS: Reza Ghobadi, Jereme Snyder, Eric Carlton

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$41,844.75
Cash-on-Cash Return-1.27%
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