Updated Oct 28, 2024
Heritage Acquisitions LLC Acquires Industrial Property In Miamisburg, Ohio For $10.8M
511 Byers Road, Miamisburg, Ohio, USA
$10,800,000
$54/SF
Building Size
197,731 SF
Asset Type
Industrial
Closing
Oct 20, 2021
About this deal
AI
Heritage Acquisitions LLC has acquired an industrial property located at 511 Byers Road in Miamisburg, Ohio. The property, with a total square footage of 197,731, was sold by Industrial Commercial Properties LLC for a price of $10,800,000. This amounts to a price per square foot of $55.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $10,800,000
- Square Footage: 197,731
- Address: 511 Byers Road, Miamisburg, Ohio
- Market: Miamisburg, Ohio
The deal was facilitated by the brokers Steve Timmell, Will Roberts, Jeff Johnston, Chris Prosser, and Doug Whitten of CBRE.
Players
Miamisburg 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
1.47%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93