Updated Oct 29, 2024
Infinity Investment Properties Acquires Retail Property In Folsom, CA For $11.3M
905 East Bidwell Street, Folsom, California 95630, United States
$11,300,000
Building Size
—
Asset Type
Retail
Closing
Nov 18, 2022
About this deal
AI
Located at 905 E. Bidwell Street in Folsom, CA, this retail property spans across 2.7 acres. The property, sold by VR Folsom, recently changed hands for a sale price of $11,300,000 on 11/18/2022.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $11,300,000
- Address: 905 E. Bidwell Street, Folsom, CA
- Market: Folsom, CA
- ACRES: 2.7
The buyer, represented by Infinity Investment Properties, and the seller, represented by Jeff Conover, Shaun Riley & Scott DeYoung of Faris Lee Investments, were the key individuals and companies involved in this transaction.
On the Map
$11,300,000
Retail
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Players
Folsom 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
1.40%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93