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21133 Costanso St, Woodland...

ABM Medical Acquires Property At 21133 Costanso St Woodland Hills For $1.8M With Buyer's Rep Amir Araghi
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ABM Medical Acquires Property At 21133 Costanso St Woodland Hills For $1.8M With Buyer's Rep Amir Araghi

21133 Costanso St, Woodland Hills, C...

$1,800,000

Building Size

Asset Type

Retail

Closing

Aug 25, 2016

AI

A two-property portfolio sold in Woodland Hills includes a transaction at 21133 Costanso St, with a price of $1,800,000. The property is located in the Draper market and has a square footage of 0.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $1,800,000.00
  • Address: 21133 Costanso St, Woodland Hills, CA
  • Market: Draper
  • Buyer's Representative: Amir Araghi
  • Buyer: ABM Medical
  • Seller: 4165 Beverly LLC

Amir Araghi, an associate director at Newmark Grubb Knight Frank, represented the buyer in this transaction and collaborated with managing director Serge Vishmid. The transactions also included the property at 21150 Ventura Blvd as part of the portfolio sale.

Players

Amir Araghi

Broker

$49M

vol

7 deals

Broker

Draper Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.81%

Cash-on-Cash

-2.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93