Updated Jan 7, 2025
Pinnacle Real Estate Advisors Represents Seller In $4.1M Industrial Sale At 501-521 Kalamath St
501 Kalamath Street & 521 Kalamath Street
$4,100,000
$84/SF
Building Size
24,178 SF
Asset Type
Industrial
Closing
Jan 7, 2025
About this deal
AI
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
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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93