NAI Capital's Marie Taylor Brokers $12.33M Sale Of Baldwin Park Portfolio
5116 Heintz Street, 5124 Heintz Street, 5130 Heintz Street, 5117 Elton Street, 5125 Elton Street, 5136 Heintz Street, 5140 Heintz Street, 5144 Heintz Street & 14920 Arrow Highway
$12,332,500
$29/SF
Building Size
420,921 SF
Asset Type
Package Deal
Closing
Feb 23, 2024
AI
The sale involved a package deal of eight properties located at 5116, 5124, 5130, 5136, 5140, 5144 Heintz Street, 5117, 5125 Elton Street & 14920 Arrow Highway in Baldwin Park, CA. Totaling 46,769 square feet and sitting on 3.63 acres, the portfolio was skillfully managed by Marie Taylor of NAI Capital Commercial, culminating in a sale price of $12,332,500 at a price per square foot of $264.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: $12,332,500
- Seller: Joseph Seay - Heintz Heritage Properties
- Broker: Marie Taylor - NAI Capital Commercial
- Asset Size: 46,769 square feet
- Address: 5116, 5124, 5130, 5136, 5140, 5144 Heintz Street, 5117, 5125 Elton Street & 14920 Arrow Highway, Baldwin Park, CA
- Market: Baldwin Park, CA
NAI Capital Commercial's Executive Vice President, Marie Taylor, successfully orchestrated the sale of the multi-property portfolio, marking a significant accomplishment for both the company and its clients. The transaction, noted for its complexity due to the diverse properties involved, resulted in a lucrative deal that exemplified Taylor's expertise in the real estate market.
Players
Baldwin Park Package Deal Market Snapshot
Boundary boundary · Package Deal · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.29%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93