facebook

traded

+ Submit
Home

/

Deals

/

Arizona

/

Industrial

/

Sale

/

2325 West Cypress Street

Stos Partners Acquires Phoenix Industrial Complex At 2325 W. Cypress St. For $4.4M
SOLDIndustrial

Stos Partners Acquires Phoenix Industrial Complex At 2325 W. Cypress St. For $4.4M

2325 West Cypress Street

$4,400,000

$125/SF

Building Size

35,007 SF

Asset Type

Industrial

Closing

Jun 12, 2024

AI

The Phoenix industrial complex located at 2325 W. Cypress St. has been acquired by Stos Partners for $4.4 million. The property spans 35,007 square feet and was purchased for a price per square foot of $126.

Summary of transation details:

Stos Partners, in collaboration with their representative Sam Jones from Colliers International, successfully closed the deal to acquire the industrial complex at 2325 W. Cypress St. Their purchase, totaling $4.4 million, signals their intention to promptly implement a capital improvement plan for this property.

Players

Sam Jones

Colliers

Broker

$4.4M

vol

1 deal

Broker

Phoenix Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.61%

Cash-on-Cash

-1.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93