SOLDIndustrial
IG Logistics LLC & Meadow Partners Acquire Industrial Property In Denver, CO For $19M
409 West 66th Avenue, Denver, Colorado 80221, United States
$19,000,000
Building Size
—
Asset Type
Industrial
Closing
Aug 22, 2022
AI
An industrial property located at 409 W 66th Ave in Denver, CO has been sold for a price of $19,000,000. The property spans across 26.7 acres.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $19,000,000
- Address: 409 W 66th Ave, Denver, CO
- Market: Denver, CO
- Acres: 26.7
The buyer of the property is IG Logistics LLC & Meadow Partners. The sale was facilitated by brokers Matt Trone & Joey Trinkle from Cushman & Wakefield.
Players
Denver 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
0.83%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93