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Golcheh Developments & KC Investment Group LLC Close $2.1M Sale In La Puente

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SOLD
$2,100,000

California

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Other20,953 SF
Sold 10/22/2019
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Property Image
SOLD

Golcheh Developments & KC Investment Group LLC Close $2.1M Sale In La Puente

18505 Colima Rd, La Puente, L A, CA, USA

See Similar Deals
Other20,953 SF
Sold 10/22/2019
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Summary

CALIFORNIA
Asset Type:Other
Price Per Square Foot:$100
Total Square Footage:20,953 SF
Transaction Type:Sale

Golcheh Developments & Investments LLC has purchased an Other property located at 18505 Colima Rd in La Puente. The property was sold by KC Investment Group LLC for a total price of $2,100,000. The transaction took place on October 22, 2019.

Summary of transaction details

  • Property Type: Other
  • Transaction Amount: $2,100,000
  • Address: 18505 Colima Rd
  • Market: La Puente

The property has a total square footage of 20,953, with a price per square foot of $100.22. The transaction was facilitated by brokers Eric Cohen and Gabriel Talasazan.

Players

8 deals$31M volume
BROKER


BUYER

Details

SOLD
IMAGE: Gabriel Talasazan @pejtalasazan & Eric Cohen @Don_yuda_eric DATE: 10/22/2019 ADDRESS: 18505 Colima Rd MARKET: La Puente ASSET TYPE: Other BUYER: Golcheh Developments & Investments LLC SELLER: KC Investment Group LLC BROKERS: Eric Cohen, Gabriel Talasazan PRICE: $2,100,000 SF: 20,953 ~ PPSF: $100.22

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$112,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,460.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,955.07
Annual Debt Service$119,460.86