Updated Dec 19, 2023
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
About this deal
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.
On the Map
$14,500,000
$29/SF
Industrial
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Players
Fostoria 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
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93