Updated Dec 19, 2023
Holt Commercial Acquires Industrial Property In Coventry For £1.6M
229 Torrington Ave, Coventry Cv4 9 Hn, Uk
$1,595,000
$10/SF
Building Size
156,730 SF
Asset Type
Industrial
Closing
Mar 15, 2020
About this deal
AI
An industrial property located at 229 Torrington Avenue in Coventry has been sold for £1,595,000. The property spans across 15,673 square feet, resulting in a price per square foot of approximately £102.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: £1,595,000
- Address: 229 Torrington Avenue, Coventry
- Square Footage: 15,673
- Market: Coventry
The sale of this industrial property was facilitated by Chris Hobday of Holt Commercial.
The industrial sale at 229 Torrington Ave, Coventry Cv4 9 Hn, Uk in Coventry, England sold for $1.6M in 2020. The building is 156,730 square feet, implying about 10 per square foot on the published price. Named participants on the 229 Torrington Ave, Coventry Cv4 9 Hn, Uk sale are Chris Hobday. This page is the Coventry, England file for the 229 Torrington Ave, Coventry Cv4 9 Hn, Uk industrial sold: pricing, party profiles, and other closed industrial comps from the same Coventry sit in the Market section below. Filter that Coventry industrial set by closing date to see what else sold near 229 Torrington Ave, Coventry Cv4 9 Hn, Uk around 2020. Published consideration for 229 Torrington Ave, Coventry Cv4 9 Hn, Uk is $1.6M, dated 2020. Cite this Holt Commercial Acquires Industrial Property In Coventry For £1.6M sale when underwriting similar industrial product around Coventry, England.
Players
Coventry 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
9.95%
Cash-on-Cash
-2.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93