Roslyn Stewart Sells Retail Property In Ventura County For $3.975M With Grant Fulkerson & Mike Tingus - SIOR, Lee & Associates
SOLD
$3,975,000
California
See Similar DealsRetail7,700 SF
Sold 03/29/2022
SOLD
Roslyn Stewart Sells Retail Property In Ventura County For $3.975M With Grant Fulkerson & Mike Tingus - SIOR, Lee & Associates
131 Cochran Street, Simi Valley, California 93063, United States
See Similar DealsRetail7,700 SF
Sold 03/29/2022
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$516
Total Square Footage:7,700 SF
Transaction Type:Sale
The retail property located at 131 Cochran St. in Ventura County has been sold for a price of $3,975,000. The property spans across 7,700 square feet, resulting in a price per square foot of $516. The sale took place on March 29, 2022.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $3,975,000
- Square Footage: 7,700
- Price per Square Foot: $516
- Address: 131 Cochran St.
- Market: Ventura County
The seller of the property was Roslyn Stewart. The deal was facilitated by Grant Fulkerson and Mike Tingus from Lee & Associates, who represented the seller in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$211,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,122.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,843.53
Annual Debt Service$226,122.34
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