Updated Oct 28, 2024
MT Brunel LLC Acquires 14.48 Acre Industrial Property In Bethlehem, PA For $18M
600 Brighton Street, Bethlehem, Pennsylvania 18015, United States
$18,000,000
$76/SF
Building Size
235,000 SF
Asset Type
Industrial
Closing
Sep 21, 2022
About this deal
AI
MT Brunel LLC has acquired an industrial property located at 600 Brighton St in Bethlehem, PA. The property spans over 14.48 acres and is valued at $18,000,000. The transaction was facilitated by David Zimmel of Zimmel Associates.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $18,000,000
- Date: 09/22/2022
- Address: 600 Brighton St, Bethlehem, PA
- Market: Bethlehem, PA
- Size: 235,000 square feet
- Price per square foot: $77
David Zimmel, representing Zimmel Associates, played a crucial role as the broker in this transaction. The deal marks a significant acquisition for MT Brunel LLC in the Bethlehem industrial market.
On the Map
$18,000,000
$76/SF
Industrial
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Fountain Hill 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
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93