George Ibrahim Acquires Retail Property On 237 West Chapman Avenue In Orange For $3.3M
237 West Chapman Avenue
$3,300,000
$1,875/SF
Building Size
1,760 SF
Asset Type
Retail
Closing
Oct 24, 2023
AI
The retail property located at 237 West Chapman Avenue in Orange has been sold for a price of $3,300,000. The property spans across 1,760 square feet with a price per square foot of $1,875.
Summary of transaction details
- Property Type: Retail
- Sale Price: $3,300,000
- Square Footage: 1,760
- Price Per Square Foot: $1,875
- Address: 237 West Chapman Avenue, Orange
George Ibrahim has acted as the buyer in this transaction, while Michelle Mo served as the seller. Jared Swedelson from NAI Capital represented the seller as their broker.
Players
Orange 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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93