Updated Dec 21, 2023
Steve Foley Sells Manufactured Housing Property In San Bernardino For $7.3M With Brokers Jeff Benson & Sam Neumark
2250 Chestnut Street, San Bernardino, CA, USA
$7,300,000
$20/SF
Building Size
348,480 SF
Asset Type
Other
Closing
Feb 12, 2020
About this deal
AI
A property transaction took place in San Bernardino, involving a Manufactured Housing asset located at 2250 Chestnut Street. The transaction was finalized on 02/13/2020.
Summary of transaction details:
- Property Type: Manufactured Housing
- Transaction Amount: $7,300,000
- Address: 2250 Chestnut Street
- Market: San Bernardino
The property spans a total square footage of 348,480, and was sold at a price of $20.95 per square foot.
The seller of the property was Steve Foley. The sale was facilitated by brokers Jeff Benson & Sam Neumark from an undisclosed agency.
Players
San Bernardino 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
2.17%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93