Pacific West Communities Inc Acquires Manufacturing/Processing Property In Milpitas,CA For $5.5M
SOLD
$5,500,000
California
See Similar DealsOther14,800 SF
Sold 11/02/2021
SOLD
Pacific West Communities Inc Acquires Manufacturing/Processing Property In Milpitas,CA For $5.5M
308 Sango Ct, Milpitas, California, USA
See Similar DealsOther14,800 SF
Sold 11/02/2021
Summary
CALIFORNIA
Asset Type:Other
Price Per Square Foot:$371
Total Square Footage:14,800 SF
Transaction Type:Sale
The manufacturing/processing property located at 308 Sango CT in Milpitas, CA has been sold for a price of $5,500,000. The property spans a total area of 14,800 square feet, resulting in a price per square foot of $372.
Summary of transaction details
- Property Type: Manufacturing/Processing
- Transaction Amount: $5,500,000
Pacific West Communities Inc has acquired the property from Robert D Lawson and Deborah A Lawson.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$293,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,540.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,072.81
Annual Debt Service$312,873.67
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