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Angel Commercial Facilitates $1.4M Industrial Sale In Bridgeport, CT To A Royal Flush

Property Image
SOLD
$1,400,000

Connecticut

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Industrial13,176 SF
Sold 06/05/2024
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Property Image
SOLD

Angel Commercial Facilitates $1.4M Industrial Sale In Bridgeport, CT To A Royal Flush

135 East Washington Avenue

See Similar Deals
Industrial13,176 SF
Sold 06/05/2024
the dealplayerscompscontact
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Summary

CONNECTICUT
Asset Type:Industrial
Price Per Square Foot:$106
Total Square Footage:13,176 SF
Transaction Type:Sale

An industrial property located at 135 East Washington Avenue in Bridgeport, Connecticut, was recently sold for $1.4 million. The property spans 13,176 square feet and was acquired by A Royal Flush, Inc. from the Peter G Standish Revoc Trust.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: $1,400,000
  • Address: 135 East Washington Avenue
  • Market: Bridgeport, CT
  • Square Footage: 13,176
  • Seller: Peter G Standish Revoc Trust
  • Buyer: A Royal Flush, Inc.
  • Broker: Jon Angel - Angel Commercial

Angel Commercial, LLC, led by Jon Angel, played a crucial role in facilitating the sale of the industrial property, acting as the broker representing the seller, Peter G Standish Revoc Trust. The transaction successfully transferred ownership to A Royal Flush, Inc., marking a significant deal in the Bridgeport, CT market.

Players

Jon Angel
Angel Commercial
Jon Angel
13 deals$46.5M volume
BROKER

Details

SOLD
IMAGE: 06/05/2024 ADDRESS: 135 East Washington Avenue MARKET: Bridgeport, CT ASSET TYPE: Industrial SELLER: Peter G Standish Revoc Trust BROKER: Jon Angel - Angel Commercial SALE PRICE: $1,400,000 SF: 13,176 ~ PPSF: $106 NOTE: Angel Commercial, LLC facilitated the sale of a significant industrial property at 135 East Washington Avenue in Bridgeport, Connecticut, for $1.4 million, transferring ownership from the Peter G Standish Revoc Trust to A Royal Flush, Inc.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$74,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,973.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,636.71
Annual Debt Service$79,640.57