Updated Dec 21, 2023
Phillip D. Rolla & Kristin Rolla Acquire Retail Property In Mountain View, CA For $8.6M
903 Castro St, Mountain View, California, USA
$8,600,000
$957/SF
Building Size
8,979 SF
Asset Type
Retail
Closing
Nov 21, 2021
About this deal
AI
The retail property located at 903 Castro St in Mountain View, CA has been sold for a price of $8,600,000. The property spans an area of 8,979 square feet, resulting in a price per square foot of $958. The transaction took place on November 22, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $8,600,000
- Address: 903 Castro St, Mountain View, CA
- Size: 8,979 square feet
- Price per Square Foot: $958
The buyer of the property is Phillip D. Rolla and Kristin Rolla. The sellers are Charlotte A. Arton, Steven A. Grant, Sharon S. Grant, and Joseph T. Arton.
Players
Mountain View 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
1.84%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93