Olympus Real Estate Group Acquires Murrieta Resort For $50M
SOLD
$50,000,000
California
See Similar DealsOther
Sold 08/30/2022
SOLD
Olympus Real Estate Group Acquires Murrieta Resort For $50M
39401 Murrieta Hot Springs Road, Murrieta, California 92563, United States
See Similar DealsOther
Sold 08/30/2022
Summary
CALIFORNIA
Asset Type:Other
Transaction Type:Sale
The resort property located at 39401 Murrieta Hot Springs Road in Murrieta, CA has been sold for a price of $50,000,000. The property spans across 46 acres and offers a unique investment opportunity. The transaction took place on 08/30/2022.
Summary of transaction details
- Property Type: Resort
- Transaction Amount: $50,000,000
- Address: 39401 Murrieta Hot Springs Road, Murrieta, CA
- Market: Murrieta, CA
- Acres: 46
Olympus Real Estate Group, represented by David Dronet, acquired the property from Calvary Chapel. The deal was facilitated by Justin Esayian from The Hoffman Company, acting as the broker for both parties involved. The sale of this resort property marks a significant transaction in the Murrieta market, showcasing the demand for properties in this area.
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)
$2,666,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$177,639.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$237,025.51
Annual Debt Service$2,844,306.11
Is there something missing? Send suggestions