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23715 Carl Court

Ross Karetsky And Jessica Levin Of Intercontinental Real Estate Corp Acquire Self Storage In Newhall For $27M
SOLDSelf Storage

Ross Karetsky And Jessica Levin Of Intercontinental Real Estate Corp Acquire Self Storage In Newhall For $27M

23715 Carl Court

$27,000,000

$270/SF

Building Size

100,000 SF

Asset Type

Self Storage

Closing

Sep 3, 2025

AI

The asset involved in the transaction is a self-storage facility located at 23715 Carl Court in Newhall. The property was sold for $27,000,000 with a total square footage of 100,000, resulting in a price per square foot of $270.

Summary of transaction details:

  • Property Type: Self Storage
  • Transaction Amount: $27,000,000
  • Address: 23715 Carl Court
  • Market: Newhall
  • Square Footage: 100,000
  • Price per Square Foot: $270
  • Buyer: Ross Karetsky & Jessica Levin - Intercontinental Real Estate Corp & Bryan Miranda, Chris Tourtellotte & Carter Savage - LaTerra Development
  • Seller: EZ Access Self Storage
  • Broker: Joshua Cohan - Marcus & Millichap

The transaction was facilitated by Joshua Cohan from Marcus & Millichap, who represented the seller, EZ Access Self Storage. The buyers include multiple parties with Ross Karetsky and Jessica Levin representing Intercontinental Real Estate Corp, while Bryan Miranda, Chris Tourtellotte, and Carter Savage represent LaTerra Development.

Players

Joshua Cohan

Marcus & Millichap

Broker

$87.1M

vol

7 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage
Chris Tourtellotte

Chris Tourtellotte

LaTerra Development

Buyer

$946.9M

vol

8 deals

Buyer

Newhall Self Storage Market Snapshot

Boundary boundary · Self Storage · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.59%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93