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21523 Rinaldi St, Chatswort...

Chatsworth Hills Academy Inc. Sells Private School Campus In Chatsworth For $9M
SOLDOther

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

Brad Keyes

Keyes Real Estate

Broker

$67.8M

vol

8 deals

Broker

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