DPIF3 PA 6 & Boundary Ave., LLC Acquires Industrial Property In Spring Garden Twp, PA For $6.5M
1090 E Boundary Ave, York, Spring Garden Township, PA, USA
$6,500,000
$30/SF
Building Size
210,125 SF
Asset Type
Industrial
Closing
Jul 12, 2021
AI
The industrial property located at 1090 East Boundary Ave. in Spring Garden Twp, PA was recently sold. The sale was completed on 07/13/2021.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $6,500,000
- Market: Spring Garden Twp, PA
The buyer, DPIF3 PA 6 & Boundary Ave., LLC, acquired the property from the seller, Glen-Gery Corporation. The sale was facilitated by Nate Resh and David Bode, CCIM, SIOR of ROCK Commercial Real Estate.
Players
Spring Garden Township 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
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93