Black Lion Investment Group Acquires Other Asset In Bellflower For $4.8M
15739 Bellflower Boulevard, Bellflower, CA 90706, USA
$4,825,000
$260/SF
Building Size
18,500 SF
Asset Type
Other
Closing
Nov 15, 2018
AI
The property located at 15739 Bellflower Blvd in Bellflower has been sold. The transaction took place on November 16, 2018, and the property is categorized as an "Other" asset type. The property spans across 18,500 square feet and was sold for a price of $4,825,000, which translates to a price per square foot of $260.
Summary of transaction details:
- Property Type: Other
- Transaction Amount: $4,825,000
- Address: 15739 Bellflower Blvd
- Market: Bellflower
Robert Rivani, representing Black Lion Investment Group, purchased the property. The buyer was assisted by broker Paul Bitonti.
Players
Bellflower Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.29%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93