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

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.