Updated Dec 4, 2024
Moxie Equities Acquires Industrial Building In Troy, OH For $10.7M
1260 Brukner Drive
$10,700,000
$53/SF
Building Size
200,000 SF
Asset Type
Industrial
Closing
Sep 11, 2023
About this deal
AI
An industrial building located at 1260 Brukner Drive in Troy, Ohio, has been sold for a price of $10.7 million. The property spans over 200,000 square feet and was acquired by Moxie Equities, a commercial real estate investment firm based in New Jersey.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $10,700,000
- Address: 1260 Brukner Drive, Troy, OH
- Market: Troy, OH
- Buyer: David. Y Richt - Moxie Equities
- Square Footage: 200,000
- Price per Square Foot: $54
Moxie Equities, known for its expertise in commercial real estate investments, successfully completed the acquisition of this industrial building. This strategic move expands their portfolio and strengthens their presence in the Ohio market. With this purchase, Moxie Equities aims to leverage the property's location and capitalize on the growing demand for industrial spaces in Troy, Ohio.
Players
Troy Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Troy industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.48%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93