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2101-15 N American St, Phil...

Scope Commercial Real Estate Services Acquires Industrial Property In Philadelphia For $3.1M
SOLDIndustrial

Scope Commercial Real Estate Services Acquires Industrial Property In Philadelphia For $3.1M

2101-15 N American St, Philadelphia, PA, USA

$3,137,000

$257/SF

Building Size

12,175 SF

Asset Type

Industrial

Closing

Jun 14, 2020

AI

The industrial property located at 2101-15 North American St in Philadelphia, PA has been sold for a total price of $3,137,000. The sale took place on June 14, 2021.

Summary of transaction details

  • Property Type: Industrial
  • Sale Price: $3,137,000
  • Date: 06/14/2021
  • Address: 2101-15 North American St, Philadelphia, PA
  • Market: Philadelphia, PA

The sale was facilitated by Craig Thom, a representative from Scope Commercial Real Estate Services, LLC (SCOPE). Thom acted as the broker in the transaction.

Players

Craig Thom

Broker

$62.4M

vol

7 deals

Broker

Philadelphia 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

5.06%

Cash-on-Cash

-1.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93