Red Mountain Group Inc Sells Retail Property In West Valley City For $2.1M
4587 S 4000 W, West Valley City, Utah 84120, United States
$2,100,000
$350,000/SF
Building Size
6 SF
Asset Type
Retail
Closing
Apr 17, 2023
AI
A retail property located at 4587 S 4000 W in West Valley City, UT has been sold for $2,100,000. The property has a total square footage of 6,764, resulting in a price per square foot of $310. The transaction took place on 12/13/2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,100,000
- Address: 4587 S 4000 W, West Valley City, UT
- Market: West Valley City, UT
- Seller: Red Mountain Group Inc
- Broker: Dave Lucas - CP Partners Commercial Real Estate
- Square Footage: 6,764
- Price per Square Foot: $310
Dave Lucas from CP Partners Commercial Real Estate represented the seller, Red Mountain Group Inc, in this transaction.
Players
West Valley City Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93