W.P. Carey Acquires Industrial Property In Groveport, OH For $30M
4440 Hamilton Scipio Road, Hamilton, OH, USA
$30,000,000
$52/SF
Building Size
566,981 SF
Asset Type
Industrial
Closing
Oct 20, 2021
AI
Located at 4440 Hamilton Scipio Road in Groveport, OH, this industrial property was recently sold for a whopping $30,000,000. With a total square footage of 566,981, the property translates to a price per square foot of $52. It was a closed transaction, with no additional details available.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $30,000,000
- Address: 4440 Hamilton Scipio Road, Groveport, OH
- Market: Groveport, OH
- Buyer: W.P. Carey
- Buyer's Representative: Joshua Peck & Susan Annis - GFI Realty
- Seller's Representative: Yisroel Pershin - GFI Realty
- Total Square Footage: 566,981
- Price Per Square Foot: $52
The buyers, W.P. Carey, were represented by Joshua Peck and Susan Annis from GFI Realty. On the other hand, Yisroel Pershin, also from GFI Realty, acted as the seller's representative in the deal. These key individuals and companies played a crucial role in the successful transaction. As the deal has been closed, there is no additional information available.
Players
Hamilton 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
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93