1530 Management Acquires Industrial Properties In Stamford, CT For $5.5M With Buyer's Rep Jeff Kintzer & Seller's Rep Cody Nizzardo
0 Irving Avenue, Stamford, Connecticut 06902, United States
$5,500,000
Building Size
—
Asset Type
Industrial
Closing
Feb 17, 2022
AI
Five industrial properties located at 0, 17, 18, 25 & 43 Irving Avenue, and 145 Selleck Street in Stamford, CT have been sold in a recent transaction.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $5,500,000
1530 Management, LLC is the buyer of these properties. The buyer was represented by Jeff Kintzer from Royal Properties, Inc. The seller's representative in this deal was Cody Nizzardo from Nizzardo Real Estate.
Players
Stamford Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93