Matthews Real Estate Investment Services Sells Industrial Property In Fostoria, Ohio For $14.5M
110 East Jones Road, Fostoria, Ohio 44830, United States
$14,500,000
$29/SF
Building Size
488,000 SF
Asset Type
Industrial
Closing
Jan 26, 2022
AI
An industrial property located at 110 E. Jones Road in Fostoria, Ohio has been sold for a total price of $14,500,000. The property spans a total of 488,000 square feet, resulting in a price per square foot of $30. The sale took place on January 27, 2022. Alexander Harrold of Matthews Real Estate Investment Services represented the seller in this transaction.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $14,500,000
- Square Footage: 488,000
- Price Per Square Foot: $30
- Address: 110 E. Jones Road, Fostoria, Ohio
- Market: Fostoria, Ohio
Alexander Harrold, from Matthews Real Estate Investment Services, played a crucial role in representing the seller in this industrial property transaction in Fostoria, Ohio.
Players
Fostoria Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93