Updated Oct 29, 2024
Joe Kotler Acquires Industrial Property In Pennsylvania For $16.75M
Pennsylvania, United States
$16,750,000
Building Size
—
Asset Type
Industrial
Closing
Sep 12, 2022
About this deal
AI
An industrial property in Pennsylvania has been sold for a price of $16,750,000. The transaction took place on 12/09/2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $16,750,000
The buyer of the property is Joe Kotler, who represents Horizon Equities. The mortgage brokers involved in the deal were Ariel Forman and Asher Urbach from Meridian Capital Group.
These key individuals and companies played a significant role in the successful transaction of the industrial property in Pennsylvania.
The industrial sale at Pennsylvania, United States in Frenchville, Pennsylvania sold for $16.8M in 2022. Pennsylvania, United States is classified as Industrial on Traded. Ariel Forman, Asher Urbach, Joe Kotler, Meridian Capital Group appear on the sale alongside Meridian Capital Group. This page is the Frenchville, Pennsylvania file for the Pennsylvania, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Frenchville sit in the Market section below. Filter that Frenchville industrial set by closing date to see what else sold near Pennsylvania, United States around 2022. Published consideration for Pennsylvania, United States is $16.8M, dated 2022. Cite this Joe Kotler Acquires Industrial Property In Pennsylvania For $16.75M sale when underwriting similar industrial product around Frenchville, Pennsylvania.
Players
Frenchville 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
0.95%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93