Rutherford Investments Acquires Manufactured Housing Asset In Escondido For $28M
SOLD
$28,000,000
California
See Similar DealsOther
Sold 12/15/2021
SOLD
Rutherford Investments Acquires Manufactured Housing Asset In Escondido For $28M
2700 East Valley Parkway, Escondido, California 92027, United States
See Similar DealsOther
Sold 12/15/2021
Summary
CALIFORNIA
Asset Type:Other
Transaction Type:Sale
The property involved in this closed transaction is a Manufactured Housing located at 2700 E. Valley Parkway in Escondido. The sale took place on 12/15/2021.
Summary of transaction details
- Property Type: Manufactured Housing
- Transaction Amount: $28,000,000
- Address: 2700 E. Valley Parkway
- Market: Escondido
- Buyer: Rutherford Investments
- Seller: Dana M. Wohlford
- Brokers: Samuel Neumark & Jeff Benson
- Units: 314
- Price Per Unit (PPU): $89,171
The deal was facilitated by brokers Samuel Neumark & Jeff Benson, representing the buyer and seller respectively.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,493,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$99,478.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$132,734.28
Annual Debt Service$1,592,811.42
Is there something missing? Send suggestions