Brad Stone Acquires Retail Property In Camarillo From Oak Of California For $1.325M
SOLD
$1,325,000
California
See Similar DealsRetail3,240 SF
Sold 05/05/2022
SOLD
Brad Stone Acquires Retail Property In Camarillo From Oak Of California For $1.325M
2344 Ventura Boulevard, Camarillo, California 93010, United States
See Similar DealsRetail3,240 SF
Sold 05/05/2022
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$409
Total Square Footage:3,240 SF
Transaction Type:Sale
The retail property located at 2344 Ventura Blvd. in Camarillo has been sold for $1,325,000. The transaction took place on 05/05/2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,325,000
- Square Footage: 3,240
- Price per Square Foot: $408
- Address: 2344 Ventura Blvd.
- Market: Camarillo
The buyer, Brad Stone, acquired the property from Oak of California, represented by Ryan Off. The transaction was facilitated by brokers Elizabeth Clark and Kirtley Baker from Compass.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$70,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,707.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,281.18
Annual Debt Service$75,374.11
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