Angel Commercial Facilitates $1.4M Industrial Sale In Bridgeport, CT To A Royal Flush
135 East Washington Avenue
$1,400,000
$106/SF
Building Size
13,176 SF
Asset Type
Industrial
Closing
Jun 5, 2024
AI
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
Bridgeport 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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93