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.
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