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Mayahuel Management LLC Acquires Coplen Building In Portland For $1.5M
SOLD
$1,500,000
Oregon
See Similar DealsRetail5,466 SF
Sold 06/22/2023
SOLD
Mayahuel Management LLC Acquires Coplen Building In Portland For $1.5M
1200-1208 Northwest Glisan Street Portland, Oregon 97209, USA
See Similar DealsRetail5,466 SF
Sold 06/22/2023
Summary
OREGON
Asset Type:Retail
Price Per Square Foot:$274
Total Square Footage:5,466 SF
Transaction Type:Sale
Mayahuel Management LLC has successfully purchased the Coplen Building in Portland, Oregon, for $1.5 million. The retail property located at 1200-1208 NW Glisan Street spans a total of 5,466 square feet. The purchase price equates to a price per square foot of $274.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,500,000
- SF: 5,466
- PPSF: $274
- Address: 1200-1208 NW Glisan Street, Portland, OR
- Market: Portland, OR
Todd VanDomelen, Michael Brown & Luis Martin del Campo from Norris & Stevens, Inc represented Mayahuel Management LLC in the sale of the Coplen Building.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$79,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
Annual Debt Service$85,329.18
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