Ben Ryu Acquires West Haven Office Building For $1.65M From Prasad Chaturvedula
SOLD
$1,650,000
Connecticut
See Similar DealsOffice12,000 SF
Sold 04/28/2022
SOLD
Ben Ryu Acquires West Haven Office Building For $1.65M From Prasad Chaturvedula
764 Campbell Avenue, West Haven, Connecticut 06516, United States
See Similar DealsOffice12,000 SF
Sold 04/28/2022
Summary
CONNECTICUT
Asset Type:Office
Price Per Square Foot:$137
Total Square Footage:12,000 SF
Transaction Type:Sale
The office property located at 764 Campbell Ave in West Haven, CT has been sold. The transaction took place on 04/28/2022 and the property was purchased for $1,650,000. The office space spans 12,000 square feet and the price per square foot is $138.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $1,650,000
- Address: 764 Campbell Ave, West Haven, CT
- Square Footage: 12,000
- Price per Square Foot: $138
The buyer of the property is Ben Ryu, while the seller is Prasad Chaturvedula. The transaction was facilitated by Anthony Watkins and Gustavo Rocha from The Oak & Avery Group.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$88,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,862.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,821.84
Annual Debt Service$93,862.10
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