Watumull Property Corporation Acquires Industrial Property In Clackamas, OR For $8.8M
8830 Southeast Herbert Court, Clackamas, Oregon 97015, United States
$8,800,000
Building Size
—
Asset Type
Industrial
Closing
Sep 7, 2022
AI
The industrial property located at 8830 Southeast Herbert Court in Clackamas, OR has been sold. The transaction took place on 09/08/2022 for a sale price of $8,800,000. The property is owned by Allen Properties, LLC and was acquired by Watumull Property Corporation.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $8,800,000
- Market: Clackamas, OR
The sale of this industrial property was facilitated by the brokers Zach Francis, Karla Hansen, and Chris Dowhaniuk from Kidder Mathews.
Players
Clackamas Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.80%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93