facebook
Traded Co logo
Submit
Daily limit: 0/10

3BV One LLC Acquires Industrial Property From Ballengee Holdings LLC In Garnet Valley For $3M

Property Image
SOLD
$3,000,000

Pennsylvania

See Similar Deals
Industrial31,760 SF
Sold 12/04/2024
the dealplayerscompscontact
Property Image
SOLD

3BV One LLC Acquires Industrial Property From Ballengee Holdings LLC In Garnet Valley For $3M

1451 Conchester Highway

See Similar Deals
Industrial31,760 SF
Sold 12/04/2024
the dealplayerscompscontact
Contact now

Summary

PENNSYLVANIA
Asset Type:Industrial
Price Per Square Foot:$94
Total Square Footage:31,760 SF
Transaction Type:Sale

The property asset involved in this transaction is located at 1451 Conchester Highway, Garnet Valley, PA. It is an industrial asset with a total square footage of 31,760. The transaction was completed for a sale price of $3,000,000, which equates to a price per square foot of $94. The building was constructed in 2006.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,000,000
  • Address: 1451 Conchester Highway
  • Market: Garnet Valley, PA
  • Square Footage: 31,760
  • Price Per Square Foot: $94
  • Buyer: 3BV One LLC
  • Seller: Ballengee Holdings LLC
  • Broker: Colin McHale - Beacon Commercial Real Estate

Colin McHale represented both the buyer, 3BV One LLC, and the seller, Ballengee Holdings LLC, in this closed transaction. The involvement of Beacon Commercial Real Estate LLC in facilitating the deal highlights their role in the real estate market.

Players

Colin McHale
Beacon Commercial Real Estate
Colin McHale
2 deals$21.5M volume(610) 828-0100
BROKER

Details

SOLD
IMAGE: 12/04/2024 ADDRESS: 1451 Conchester Highway MARKET: Garnet Valley, PA ASSET TYPE: Industrial BUYER: 3BV One LLC SELLER: Ballengee Holdings LLC BROKER: Colin McHale - Beacon Commercial Real Estate SALE PRICE: $3,000,000 SF: 31,760 ~ PPSF: $94 NOTE: Beacon Commercial Real Estate LLC announced the $3 million sale of 1451 Conchester Hwy., Garnet Valley, a 31,760-square-foot building built in 2006. Colin McHale represented both the seller, Ballengee Holdings LLC, and the buyer, 3BV One LLC, in the transaction.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$160,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37