Albrook Partners Acquires Denver Industrial Property From C.C.E. Real Estate For $3.8M
$3,800,000
$109/SF
Building Size
34,782 SF
Asset Type
Industrial
Closing
Nov 10, 2023
AI
NAI Shames Makovsky facilitated the acquisition of a Denver industrial property located at 6270 East 50th Avenue by Albrook Partners. The property was purchased from C.C.E. Real Estate LLC for a total of $3,800,000. The industrial property spans a total of 34,782 square feet, resulting in a price per square foot of $109.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,800,000
- Address: 6270 East 50th Avenue, Denver, CO
- Market: Denver, CO
- Buyer: Albrook Partners
- Seller: C.C.E. Real Estate LLC
- Brokers: Adam Hubschman & Paul Cattin - NAI Shames Makovsky
- SF: 34,782
- PPSF: $109
The acquisition of the Denver industrial property at 6270 East 50th Avenue was facilitated by NAI Shames Makovsky on behalf of Albrook Partners. The property was purchased from C.C.E. Real Estate LLC for a total of $3.8 million. This transaction provides Albrook Partners with a valuable industrial asset in a prime location.
Players
Market 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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93