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Pinnacle Real Estate Advisors Represents Seller In $4.1M Industrial Sale At 501-521 Kalamath St
SOLD
$4,100,000
Colorado
See Similar DealsIndustrial48,356 SF
Sold 01/07/2025
SOLD
Pinnacle Real Estate Advisors Represents Seller In $4.1M Industrial Sale At 501-521 Kalamath St
501 Kalamath Street & 521 Kalamath Street
See Similar DealsIndustrial48,356 SF
Sold 01/07/2025
Summary
COLORADO
Asset Type:Industrial
Price Per Square Foot:$84
Total Square Footage:48,356 SF
Transaction Type:Sale
An industrial asset was sold at 501 Kalamath Street & 521 Kalamath Street in Denver, CO, for $4,100,000. The property spans 24,178 square feet, with a price per square foot of $170.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,100,000
- Square Footage: 24,178
- Address: 501 Kalamath Street & 521 Kalamath Street
- Market: Denver, CO
- Price per Square Foot: $170
Pinnacle Real Estate Advisors facilitated the sale, with Paul Nora and Jamie Mitchell representing the undisclosed seller in the transaction. The identity of the buyer remains undisclosed.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$218,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,566.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,436.09
Annual Debt Service$233,233.10
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