Updated Dec 21, 2023
Preeti Murti & Phani Sasank Vajha Acquire Other Vacant Property In Danville, CA For $3.56M
224 Corriedale Court, Danville, California 94506, United States
$3,560,000
$383/SF
Building Size
9,291 SF
Asset Type
Other
Closing
May 4, 2022
About this deal
AI
The property involved in the transaction is an Other Vacant asset located at 2079 Drysdale St & 224 Corriedale CT, Danville, CA. The transaction took place on 05/05/2022. The property spans a total of 9,291 square feet and was sold for a price of $3,560,000, resulting in a price per square foot of $383.
Summary of transaction details
- Property Type: Other Vacant
- Transaction Amount: $3,560,000
- Buyer: Preeti Murti & Phani Sasank Vajha
- Seller: Virginia Magcale & Arnold Castillo Magcale
The buyer in this transaction is represented by Preeti Murti & Phani Sasank Vajha. The seller, on the other hand, is represented by Virginia Magcale & Arnold Castillo Magcale.
Players
Danville 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
4.46%
Cash-on-Cash
-1.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93