Updated Dec 4, 2024
LNR Holding Acquires Industrial Buildings In Troutdale For $12.45M
3324 Northwest Marine Drive & 3302 Northwest Marine Drive
$12,450,000
Building Size
—
Asset Type
Industrial
Closing
Jan 11, 2024
About this deal
AI
LNR Holding, LLC has acquired two industrial buildings located at 3324 and 3302 Northwest Marine Drive in Troutdale, Oregon. The transaction was completed for a sale price of $12,450,000.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $12,450,000
- Address: 3324-3302 Northwest Marine Drive
- Market: Troutdale, OR
The buyer, LNR Holding, LLC, was represented by Tim Budelman from Norris & Stevens, while the seller, JLPS, LLC, was represented by Daniel Helm from Capacity Commercial Group.
It is worth noting that the acquisition of these two industrial buildings marks a significant milestone for LNR Holding, LLC in expanding its portfolio of properties.
Players
Troutdale 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
1.27%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93