Updated Sep 9, 2024
Nellie Haick & Wilfred Haick Acquire Retail Property In Hanford For $3.95M
1665 W Lacey Blvd, Hanford, CA, USA
$3,950,000
$791/SF
Building Size
4,993 SF
Asset Type
Retail
Closing
Jul 16, 2021
About this deal
AI
The retail property located at 1665 W. Lacey Blvd in Hanford has been sold. The transaction took place on July 16, 2021. The property spans 4,993 square feet and was sold for a price of $3,950,000, resulting in a price per square foot of $791. The buyer of the property is Nellie Haick and Wilfred Haick, while the seller is Moisce Belinow. The deal was facilitated by brokers Brandon Michaels, Matthew Luchs, and Andrew Leff.
Summary of Transaction Details:
- Property Type: Retail
- Transaction Amount: $3,950,000
- Address: 1665 W. Lacey Blvd
- Market: Hanford
The acquisition of the retail property at 1665 W. Lacey Blvd in Hanford was completed by buyers Nellie Haick and Wilfred Haick. The sale was brokered by Brandon Michaels, Matthew Luchs, and Andrew Leff. This successful transaction marks an important milestone for all parties involved.
Players
Hanford Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.02%
Cash-on-Cash
-1.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93