Updated Oct 28, 2024
Denholtz Properties Acquires Industrial Property In Savannah, GA For $33M
10 Artley Road, Savannah, Georgia 31408, United States
$33,000,000
Building Size
—
Asset Type
Industrial
Closing
Sep 11, 2022
About this deal
AI
The industrial property located at 101 & 111 Coleman Blvd & 10 Artley Road in Savannah, GA has been sold. The transaction took place on September 12, 2022. The property was sold for a total price of $33,000,000.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $33,000,000
Denholtz Properties, a real estate company, was the buyer in this transaction. The sale was facilitated by the brokerage firm JLL.
The industrial sale at 10 Artley Road, Savannah, Georgia 31408, United States in Savannah, Georgia sold for $33M in 2022. 10 Artley Road, Savannah, Georgia 31408, United States is classified as Industrial on Traded. This page is the Savannah, Georgia file for the 10 Artley Road, Savannah, Georgia 31408, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Savannah sit in the Market section below. Filter that Savannah industrial set by closing date to see what else sold near 10 Artley Road, Savannah, Georgia 31408, United States around 2022. Published consideration for 10 Artley Road, Savannah, Georgia 31408, United States is $33M, dated 2022. Cite this Denholtz Properties Acquires Industrial Property In Savannah, GA For $33M sale when underwriting similar industrial product around Savannah, Georgia.
Players
Savannah Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.48%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93