Venture One Real Estate Acquires Industrial Property In Bristol, PA For $5.35M
2720 Bartram Road, Levittown, Pennsylvania 19056, United States
$5,350,000
$486/SF
Building Size
11,000 SF
Asset Type
Industrial
Closing
Dec 29, 2021
AI
The industrial property located at 2720 Bartram Road in Bristol, PA has been sold. The property spans across 4.0 acres and features a total area of 11,000 square feet. The sale took place on December 29, 2021.
Summary of transaction details:
- Property Type: Industrial
- Sale Price: $5,350,000
- Price Per Square Foot: $486
- Address: 2720 Bartram Road, Bristol, PA
- Market: Bristol, PA
The buyer in this transaction was Venture One Real Estate, represented by Brian McDonagh. The seller was It's Trux. The deal was facilitated by brokers Joseph Ash, Steven Pollan, and Joseph Kassin of Kassin Sabbagh Realty.
Players
Bristol 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
2.97%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93