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1090 E Boundary Ave, York, ...

Updated Oct 28, 2024

DPIF3 PA 6 & Boundary Ave., LLC Acquires Industrial Property In Spring Garden Twp, PA For $6.5M
SOLDIndustrial

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

About this deal

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.

The industrial sale at 1090 E Boundary Ave, York, Spring Garden Township, PA, USA in Spring Garden Township, Pennsylvania sold for $6.5M in 2021. The building is 210,125 square feet, implying about 30 per square foot on the published price. Nate Resh, David Bode, ROCK Commercial Real Estate appear on the sale alongside ROCK Commercial Real Estate. This page is the Spring Garden Township, Pennsylvania file for the 1090 E Boundary Ave, York, Spring Garden Township, PA, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Spring Garden Township sit in the Market section below. Filter that Spring Garden Township industrial set by closing date to see what else sold near 1090 E Boundary Ave, York, Spring Garden Township, PA, USA around 2021. Published consideration for 1090 E Boundary Ave, York, Spring Garden Township, PA, USA is $6.5M, dated 2021. Cite this DPIF3 PA 6 & Boundary Ave., LLC Acquires Industrial Property In Spring Garden Twp, PA For $6.5M sale when underwriting similar industrial product around Spring Garden Township, Pennsylvania.

Players

Nate Resh

ROCK Commercial Real Estate

Broker

$9.8M

vol

2 deals

Broker

Spring Garden Township Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $30 per square foot on a published $6.5M for 210,125 square feet (2021).

Visit Nate Resh to view all their deals.

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

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