Blue Road Investments Acquires Industrial Property In El Paso
9555 Plaza Cir, El Paso, TX 79927, USA
Building Size
511,600 SF
Asset Type
Industrial
Closing
Sep 2, 2020
AI
The industrial property located at 9555 Plaza Circle in El Paso has been sold in a recent transaction. The property spans across 51,160 square feet, providing ample space for industrial operations.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Market: El Paso
Blue Road Investments acted as the buyer in this transaction, acquiring the industrial property. The sale was facilitated by Will C. Brown from Sonny Brown Associates, LLC, who represented the buyer throughout the deal.
Players
El Paso 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93