Updated Jan 31, 2025
River Rise Capital Acquires Industrial Property In Denver From LG Investments For $5M
4391 York Street
$5,000,000
$166/SF
Building Size
30,078 SF
Asset Type
Industrial
Closing
Jan 29, 2025
About this deal
AI
River Rise Capital purchased an industrial property located at 4391 York Street in Denver, Colorado, for a transaction amount of $5,000,000. The property has a total square footage of 30,078, resulting in a price per square foot of $166.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,000,000
- Address: 4391 York Street
- Market: Denver, CO
- Seller: LG Investments
- Buyer: River Rise Capital
- Broker Representatives: John V. Propp & Michael Honc -John Propp Commercial Group
- Sale Date: 01/29/2025
John Propp and Michael Honc fromJohn Propp Commercial Group represented LG Investments in this transaction, facilitating the sale of the industrial asset to River Rise Capital.
On the Map
$5,000,000
$166/SF
Industrial
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Players
Denver 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93