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Sares-Regis Group Acquires Property From A Living Trust In Huntington For $9.39M

Property Image
SOLD
$9,390,000

West Virginia

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Property Image
SOLD

Sares-Regis Group Acquires Property From A Living Trust In Huntington For $9.39M

15301 Springdale St, Huntington Beac...

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Summary

WEST VIRGINIA
Transaction Type:Sale

This transaction involves a property located at 15301 Springdale St, Huntington Beach, within the Huntington market. The transaction was concluded for a price of $9,390,000. The property does not specify any square footage, noted as 0 SF.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $9,390,000.00
  • Address: 15301 Springdale St, Huntington Beach
  • Buyer: Sares-Regis Group
  • Seller: A Living Trust
  • Buyer's Representative: John Green-CBRE

The deal was facilitated by John Green representing the buyer, Sares-Regis Group. The seller of the property was a Living Trust.

Players

JG
1 deal$9.4M volume(714) 371-9223
BROKER

BUYER

Details

SOLD
IMAGE: 15301 Springdale St, Huntington Beac... MARKET: Huntington BUYER'S REP: John Green-CBRE BUYER: Sares-Regis Group SELLER: A Living Trust PRICE: $9,390,000.00 SF: 0

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$500,800.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$33,360.68
Cash-on-Cash Return-1.27%
Monthly Debt Service$44,513.39
Annual Debt Service$534,160.69