Chatsworth Hills Academy Inc. Sells Private School Campus In Chatsworth For $9M
21523 Rinaldi St, Chatsworth, CA 91311, USA
$9,000,000
$40/SF
Building Size
220,000 SF
Asset Type
Other
Closing
Jun 18, 2020
AI
A private school campus located at 21523 Rinaldi Street in the Chatsworth market has been sold. The campus sits on approximately 15.78 acres in the foothills of Stoney Point Park, offering a picturesque setting for students. The property consists of 16 buildings with a total square footage of 22,000. The sale price for this private school campus was $9,000,000, resulting in a price per square foot of $409.09.
Summary of transation details
- Property Type: Private school campus
- Transaction Amount: $9,000,000
- Square Footage: 22,000
- Price Per Square Foot: $409.09
- Address: 21523 Rinaldi Street, Chatsworth
The seller of the Chatsworth private school campus is Chatsworth Hills Academy Inc. The transaction was facilitated by Brad Keyes of Keyes Real Estate LA, representing the buyer. Brad Keyes, a reputable broker at Keyes Real Estate LA, played a pivotal role in ensuring a successful deal for both parties involved.
Players
Los Angeles 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
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93