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21523 Rinaldi St, Chatswort...

Manifest Point LLC Acquires Property At 21523 Rinaldi St Chatsworth For $9M With Seller's Rep Jackson And Bullen
SOLDSchool

Manifest Point LLC Acquires Property At 21523 Rinaldi St Chatsworth For $9M With Seller's Rep Jackson And Bullen

21523 Rinaldi St, Chatsworth, CA, 913...

$9,000,000

$409/SF

Building Size

22,000 SF

Asset Type

School

Closing

Nov 19, 2023

AI

The property located at 21523 Rinaldi St, Chatsworth, CA, is characterized by a transaction price of $9,000,000.00 and comprises a total area of 22,000 square feet. It is situated within the Chatsworth market.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $9,000,000.00
  • Address: 21523 Rinaldi St, Chatsworth, CA
  • Square Footage: 22,000

The buyer of the property is Manifest Point LLC. The seller's representatives in this transaction include Christopher Jackson "CJ" Jackson from Marcus & Millichap, as well as Chris Jackson and Grant Bullen from NAI Capital.

Players

Christopher Jackson Jackson

Marcus & Millichap

Broker

$37.1M

vol

5 deals

Broker

Chatsworth School Market Snapshot

Boundary boundary · School · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.76%

Cash-on-Cash

-0.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93