Golcheh Developments & KC Investment Group LLC Close $2.1M Sale In La Puente
SOLD
California
See Similar DealsOther20,953 SF
Sold 10/22/2019
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 DealsOther20,953 SF
Sold 10/22/2019
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.
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Deal Type
30 years
10 years
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
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