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
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