Ben Ryu Acquires West Haven Office Building For $1.65M From Prasad Chaturvedula
764 Campbell Avenue, West Haven, Connecticut 06516, United States
$1,650,000
$137/SF
Building Size
12,000 SF
Asset Type
Office
Closing
Apr 27, 2022
AI
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
West Haven Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93