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20152 Ca-18, Apple Valley, ...

Unknown Buyer Acquires Retail Property In Apple Valley For $1.3 Million With Seller's Rep Roxy Klein
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Unknown Buyer Acquires Retail Property In Apple Valley For $1.3 Million With Seller's Rep Roxy Klein

20152 Ca-18, Apple Valley, CA, 92307

$1,300,000

$260/SF

Building Size

4,995 SF

Asset Type

Retail

Closing

Nov 22, 2023

AI

The retail property located at 20152 Ca-18, Apple Valley, CA, 92307 has a transaction price of $1,300,000. The asset spans 4,995 square feet and is situated in the Apple Valley market. A portion of the building is occupied by Little Caesars Pizza, which has recently undergone renovation.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,300,000.00
  • Address: 20152 Ca-18, Apple Valley, CA, 92307
  • Seller's Representative: Roxy Klein - Progressive Real Estate Partners
  • Buyer: Unknown
  • Market: Apple Valley
  • Square Footage: 4,995

Roxy Klein, representing Progressive Real Estate Partners, handled the transaction for the seller, who was an Orange County-based private investor. The buyer of the property is identified as a Riverside County-based investor.

Players

Roxy Klein

Progressive Real Estate Partners

Broker

$29.9M

vol

7 deals

Broker

Apple Valley 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

12.20%

Cash-on-Cash

-3.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93