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
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