Mayahuel Management LLC Acquires Coplen Building In Portland For $1.5M
1200-1208 Northwest Glisan Street Portland, Oregon 97209, USA
$1,500,000
$274/SF
Building Size
5,466 SF
Asset Type
Retail
Closing
Jun 22, 2023
AI
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.
Players
Portland Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93