Updated Dec 11, 2024
KKR & Co Acquires Industrial Property In Avondale, AZ For $91.8M
Van Buren Street, Avondale, AZ 85323
$91,800,000
Building Size
—
Asset Type
Industrial
Closing
Aug 28, 2022
About this deal
AI
The industrial property located at NWC 101st Avenue & Van Buren Street in Avondale, AZ has been sold. The transaction took place on August 29, 2022, with a sale price of $91,800,000. The property's exact square footage and additional details are not available.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $91,800,000
- Market: Avondale, AZ
- Buyer: KKR & Co
- Seller: Crow Holdings Capital
KKR & Co was the buyer in this deal, representing their own interests. Crow Holdings Capital acted as the seller's representative.
Players
Avondale Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.17%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93