Updated Dec 21, 2023
The Liberow Group Brokers $19.6M Sale Of Assisted Living Facility On Woodman Ave
9120 Woodman Avenue, Arleta, CA, USA
$19,625,000
$460/SF
Building Size
42,577 SF
Asset Type
Other
Closing
Dec 14, 2020
About this deal
AI
An assisted living facility located at 9120 Woodman Ave in Arleta was recently sold for a hefty price of $19,625,000. The property spans across 42,577 square feet, resulting in a price per square foot of $460. This transaction was completed on December 15, 2020, making it a significant deal in the market.
Summary of transaction details
- Property Type: Assisted Living Facility
- Transaction Amount: $19,625,000
- Address: 9120 Woodman Ave
- Market: Arleta
Representing the deal for this assisted living facility was Sam Liberow from The Liberow Group. His expertise played a vital role in closing the transaction successfully.
With a price per square foot of $460, this sale showcases the value and demand for properties in the Arleta market. The seller and buyer involved in this transaction undoubtedly benefited from this deal.
On the Map
$19,625,000
$460/SF
Other
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.81%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93