Business Finance Capital CDC Provides $2.97M Loan For Thousand Oaks Industrial Property
FINANCED
$2,970,000
Pennsylvania
See Similar DealsIndustrial12,068 SF
Financed 08/18/2023
FINANCED
Business Finance Capital CDC Provides $2.97M Loan For Thousand Oaks Industrial Property
3579 Old Conejo Rd Thousand Oaks, CA 91320, USA
See Similar DealsIndustrial12,068 SF
Financed 08/18/2023
Summary
PENNSYLVANIA
Asset Type:Industrial
Price Per Square Foot:$246
Total Square Footage:12,068 SF
Transaction Type:Loan
The industrial property located at 3579 Old Conejo Road in Thousand Oaks has been acquired through an owner-user purchase. The property spans 12,068 square feet and is situated on a .79 acre lot. The transaction was valued at $3,300,000.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,300,000
- Address: 3579 Old Conejo Road, Thousand Oaks
- Market: Thousand Oaks
In this acquisition, the lender involved in the transaction is Business Finance Capital CDC, with Lee Kleinman representing them. The landlord of the property is Robert Leark. The broker responsible for facilitating the deal is Scott Linklater from NAI Capital.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$2,970,000.00
Monthly NOI$19,800.00
Monthly Debt Service$18,772.42
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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