Ron & Shannan Penna Acquire Hidden Valley SFR From Kevin & Peggy Hart For $10M
H Idden Valley Hills, Cibodas, Purwakarta Regency, West Java, Indonesia
$10,000,000
$926/SF
Building Size
10,790 SF
Asset Type
Single Family Residence
Closing
Jan 10, 2020
AI
The SFR property located in Hidden Valley has been sold. The transaction took place on January 11, 2020. The property, spanning 10,790 square feet, was purchased for a price of $10,000,000. The buyer of the property is Ron & Shannan Penna, known for their association with Quest Nutrition. The sellers of the property are Kevin & Peggy Hart. The deal was facilitated by Jordan Cohen from Re/Max Estate Properties and Laurie Woolner from Keller Williams.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $10,000,000
- Square Footage: 10,790
- Buyer: Ron & Shannan Penna
- Seller: Kevin & Peggy Hart
- Buyer's Brokers: Jordan Cohen - Re/Max Estate Properties, Laurie Woolner - Keller Williams
With this successful sale, the buyers, Ron & Shannan Penna, have acquired a prestigious property in Hidden Valley. The sellers, Kevin & Peggy Hart, can now move on from their ownership of the property. The transaction was overseen by Jordan Cohen from Re/Max Estate Properties and Laurie Woolner from Keller Williams, who ensured a smooth and efficient process.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93