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2344 Ventura Boulevard, Cam...

Brad Stone Acquires Retail Property In Camarillo From Oak Of California For $1.325M
SOLDRetail

Brad Stone Acquires Retail Property In Camarillo From Oak Of California For $1.325M

2344 Ventura Boulevard, Camarillo, California 93010, United States

$1,325,000

$409/SF

Building Size

3,240 SF

Asset Type

Retail

Closing

May 4, 2022

AI

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

Kirtley Baker

Douglas Elliman

Broker

$6.4M

vol

3 deals

Broker
Compass
CompassBrokerage

Camarillo 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

11.97%

Cash-on-Cash

-3.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93