facebook

traded

+ Submit
Home

/

Deals

/

California

/

Retail

/

Sale

/

2001 Donville Ave, Simi Val...

Brandon Michaels Group Acquires Retail Property In Simi Valley, Ventura County For $1.48M
SOLDRetail

Brandon Michaels Group Acquires Retail Property In Simi Valley, Ventura County For $1.48M

2001 Donville Ave, Simi Valley, Ventura County, CA, USA

$1,478,000

$295/SF

Building Size

4,996 SF

Asset Type

Retail

Closing

Dec 30, 2020

AI

Located at 2001 Donville Ave. in Simi Valley, Ventura County, this retail property has recently been sold. The transaction took place on 12/31/2020 and was facilitated by brokers Brandon Michaels, Matthew Luchs, Steven Schechter, and Austin Sreden. The property spans 4,996 square feet and was sold for $1,478,000, resulting in a price per square foot of $991.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,478,000
  • Address: 2001 Donville Ave.
  • Market: Simi Valley, Ventura County

Brandon Michaels, Matthew Luchs, Steven Schechter, and Austin Sreden were the brokers involved in this deal. Their representation was crucial in the successful completion of this transaction.

Players

Brandon Michaels

Marcus & Millichap

Broker

$747.9M

vol

138 deals

Broker

Simi Valley Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.73%

Cash-on-Cash

-3.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93