Industrial Highway Enterprises, LLC Acquires Industrial Complex In York For $2.15M
2131 Industrial Highway & 2139 Industrial Highway
$2,150,000
$103/SF
Building Size
20,820 SF
Asset Type
Industrial
Closing
Jan 31, 2024
AI
The fully occupied complex at 2101-2127 Industrial Highway and 2131-2139 Industrial Highway in York, PA has been sold to Industrial Highway Enterprises, LLC for $2.15 million. The property spans 10,410 square feet and was sold at a price per square foot of $207.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,150,000
- Address: 2101-2127 Industrial Highway and 2131-2139 Industrial Highway, York, PA
- Market: York, PA
- Buyer: Industrial Highway Enterprises, LLC
- Broker: Jason Turnbull - ROCK Commercial Real Estate
DGR Partners, LP facilitated the sale of the industrial complex to Industrial Highway Enterprises, LLC. Jason Turnbull from ROCK Commercial Real Estate represented the buyer in this transaction.
York 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
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93