Updated Oct 29, 2024
Meyer Futersak Acquires Industrial Property In Huntingdon, PA For $21.3M
10320 Fairgrounds Road
$21,276,800
Building Size
—
Asset Type
Industrial
Closing
Feb 21, 2023
About this deal
AI
The industrial property located at 10320 Fairgrounds Road in Huntingdon, PA has been sold in a closed transaction. The property spans 273,000 square feet and was sold at a price of $21,276,800. This translates to a price per square foot of $78.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $21,276,800
- Address: 10320 Fairgrounds Road, Huntingdon, PA
- Square Footage: 273,000
- Market: Huntingdon, PA
The buyer of the property is Meyer Futersak. The deal is currently in contract and is expected to close in April. Meyer Futersak represented themselves in this transaction as the buyer's representative.
On the Map
$21,276,800
Industrial
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Players
Market 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
0.75%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93