Mixed-Use Development Site at 24300 Main Street

FOR SALE

$7,500,000

24300 Main Street, Newhall, CA 91321

Property Description

43,518 SF Mixed-Use development site with fully entitled plans submitted for plan check 98 Units with 6,500 SF of ground floor retail. www.liveathartwell.com

Property Details

Asset Type

Development Site

Zoning

UC

Lot Size

43,518 SF

Neighborhood

Newhall

Submarket

Newhall

ZIP

91321

Listing Type

sale

Offering Memorandum

Download

Purchase Price ($)

Down Payment (%)

Interest Rate (%)

Amortization

Loan Term

Gross Income ($)

Vacancy Rate (%)

Mgmt Fee ($)

Insurance ($)

Maintenance ($)

Utilities ($)

Property Taxes ($)

Reserves ($)

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

-$426,646

Cash-on-Cash Return

-22.75%

Monthly Debt Service

$35,554

Annual Debt Service

$426,646

View on Map

Address

24300 Main Street

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Newhall Development Site Market Snapshot

Boundary boundary · Development Site · Sale

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Michael E. Susson

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Michael E. Susson

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