TR West Valley LLC Acquires Development Site From West Valley Industrial LLC For $14.25M
6941 W 2100 S
$14,250,000
Building Size
—
Asset Type
Development Site
Closing
Feb 11, 2021
AI
The asset involved in this transaction is a development site located at 6941 W 2100 S. The property was sold for a total transaction amount of $14,250,000.00.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $14,250,000.00
- Buyer: TR West Valley LLC C/O Invesco Advisors Inc
- Seller: West Valley Industrial LLC C/O Sansone Group
- Brokers: Josh Peck, Susan Annis (GFI Realty Services)
The brokers representing the sale are Josh Peck and Susan Annis from GFI Realty Services, facilitating the deal between TR West Valley LLC and West Valley Industrial LLC. Their roles in this transaction highlight the professional collaboration in real estate dealings.
Players
West Valley Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.11%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93