facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Indiana

/

Industrial

/

Loan

/

301 E. Sample St.

DWG Capital Group, LLC Secures $2,882,180 Purchase Loan From Max Ozkural In South Bend
FINANCEDIndustrial

DWG Capital Group, LLC Secures $2,882,180 Purchase Loan From Max Ozkural In South Bend

301 E. Sample St.

$2,882,180

$44/SF

Building Size

65,256 SF

Asset Type

Industrial

Closing

Jan 28, 2024

AI

The property asset involved is an industrial type located at 301 E. Sample St in the South Bend market. The total square footage of the property is 65,256, and it was acquired through a purchase loan amounting to $2,882,180.00.

Summary of transaction details:

The deal was facilitated by the involvement of significant individuals and companies including Max Ozkural, who represents the lender in this transaction, and DWG Capital Group, LLC, which serves as the landlord of the property. SM Capital, Inc. also played a role as a lender, contributing to the financial aspect of this transaction.

Players

John Barker Dunning

Buyer
Buyer

Max Ozkural

Lender

$54.1M

vol

3 deals

Lender
SI
SM Capital, Inc.Lender
DL
DWG Capital Group, LLCLandlord

South Bend Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.50%

Cash-on-Cash

-1.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93