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4391 York Street

River Rise Capital Acquires Industrial Property In Denver From LG Investments For $5M
SOLDIndustrial

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

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.

Players

John V. Propp

John Propp Commercial Group

Broker

$15.7M

vol

5 deals

Broker

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