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135 East Washington Avenue

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

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

Jon Angel

Angel Commercial

Broker

$46.5M

vol

13 deals

Broker

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