Manifest Point LLC Acquires Property At 21523 Rinaldi St Chatsworth For $9M With Seller's Rep Jackson And Bullen
SOLD
$9,000,000
+ 1
California
See Similar DealsSchool22,000 SF
SOLD
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...
See Similar DealsSchool22,000 SF
+ 1
Summary
CALIFORNIA
Asset Type:School
Price Per Square Foot:$409
Total Square Footage:22,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$480,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$31,975.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$42,664.59
Annual Debt Service$511,975.10
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