Updated Oct 28, 2024
Tempus Realty Partners Acquires Industrial & Office Portfolio For $64.9M In Statesville, NC, Anderson, SC, Portland, TN, Oshkosh, WI, And Charlotte, NC
Statesville, North Carolina, United States
$64,900,000
$74/SF
Building Size
875,208 SF
Asset Type
Industrial
Closing
Dec 19, 2021
About this deal
AI
An industrial and office portfolio located in Statesville, NC, Anderson, SC, Portland, TN, Oshkosh, WI, and Charlotte, NC has been sold for a total price of $64,900,000. The portfolio has a total square footage of 875,208 and an average price per square foot of $74.
Summary of transation details
- Property Type: Industrial & Office Portfolio
- Transaction Amount: $64,900,000
- Market: Statesville, NC, Anderson, SC, Portland, TN, Oshkosh, WI, Charlotte, NC
The buyer, Tempus Realty Partners, represented by Dan Andrews, successfully acquired the industrial and office portfolio. The deal was completed on 12/20/2021.
On the Map
$64,900,000
$74/SF
Industrial
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Statesville 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
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93