Updated Aug 18, 2026
Construction Loan Of $13,916,000 For Industrial Asset At 4277 South Eldridge St In Morrison
4277 South Eldridge St
$13,916,000
$127/SF
Building Size
109,559 SF
Asset Type
Industrial
Closing
Dec 23, 2021
About this deal
AI
The property asset involved in the transaction is located at 4277 South Eldridge St in the Morrison market. This industrial asset is backed by a construction loan amounting to $13,916,000.00.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $13,916,000.00
- Loan Type: Construction
- Transaction Date: 12/23/2021
- Address: 4277 South Eldridge St
- Market: Morrison
The deal was facilitated by the relevant representatives involved in the transaction, ensuring the successful arrangement of the construction loan for the industrial property.
The industrial loan at 4277 South Eldridge St in Morrison, Colorado financed for $13.9M in 2021. The building is 109,559 square feet, implying about 127 per square foot on the published price. Joshua Dormody, Thistle Creek, Russell Otterstein appear on the loan alongside Thistle Creek. This page is the Morrison, Colorado file for the 4277 South Eldridge St industrial financed: pricing, party profiles, and other closed industrial comps from the same Morrison sit in the Market section below. Filter that Morrison industrial set by closing date to see what else financed near 4277 South Eldridge St around 2021. Published consideration for 4277 South Eldridge St is $13.9M, dated 2021. Cite this Construction Loan Of $13,916,000 For Industrial Asset At 4277 South Eldridge St In Morrison loan when underwriting similar industrial product around Morrison, Colorado.
Players
Morrison Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.14%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93