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2325 West Cypress Street

Updated Dec 4, 2024

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

About this deal

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

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Deal FAQ

About $125 per square foot on a published $4.4M for 35,007 square feet (2024).

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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

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