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4057 Camelot Circle, Longmo...

Updated Oct 29, 2024

4057 Camelot GIP LLC Acquires Industrial Property In Longmont, CO From Wood Group USA Inc For $6M
SOLDIndustrial

4057 Camelot GIP LLC Acquires Industrial Property In Longmont, CO From Wood Group USA Inc For $6M

4057 Camelot Circle, Longmont, Colorado 80504, United States

$6,000,000

Building Size

Asset Type

Industrial

Closing

Mar 1, 2023

About this deal

AI

The industrial property located at 4057 Camelot Circle in Longmont, CO has been sold. The transaction took place on January 3, 2023, with a sale price of $6,000,000. The buyer of the property is 4057 Camelot GIP LLC, while the seller is Wood Group USA Inc.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $6,000,000
  • Address: 4057 Camelot Circle, Longmont, CO
  • Market: Longmont, CO
  • Buyer: 4057 Camelot GIP LLC
  • Seller: Wood Group USA Inc

4057 Camelot GIP LLC, represented by their broker, was the buyer in this transaction. Wood Group USA Inc was represented by their broker as well. The industrial property, with its strategic location in Longmont, CO, offers potential for various industrial activities.

Players

Longmont Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.64%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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