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3333 South Umatilla Steet E...

Unique Properties/TCN Worldwide Facilitates $2.1M Sale Of 12K SF Industrial Property In Englewood
SOLDMultiFamily

Unique Properties/TCN Worldwide Facilitates $2.1M Sale Of 12K SF Industrial Property In Englewood

3333 South Umatilla Steet Englewood, Colorado 80110, USA & 1975-1995 West Girard Avenue

$2,100,000

$87/SF

Building Size

24,000 SF

Asset Type

MultiFamily

Closing

Jun 28, 2023

AI

A 12,000-square-foot warehouse and office facility located in Englewood, CO has been sold for $2.1 million. The property is situated on a 2.5-acre plot at 3333-3355 S. Umatilla St. and 1975-1995 W. Girard Ave. It offers ample outdoor storage and parking and benefits from its proximity to major transportation networks.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $2,100,000
  • Address: 3333-3355 S. Umatilla St. & 1975-1995 W. Girard Ave.
  • Market: Englewood, CO
  • Square Footage: 12,000 SF
  • Price per Square Foot: $175

The sale was facilitated by Brett MacDougall, Michael DeSantis, and Hudson Cramer of Unique Properties/TCN Worldwide. They represented the parties involved in the transaction, leveraging their expertise in the industrial real estate market.

Players

Brett MacDougall

Unique Properties

Broker

$14.9M

vol

5 deals

Broker

Englewood MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.55%

Cash-on-Cash

-2.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93