Updated Oct 28, 2024
Helm Building Enterprises Acquires Industrial Property In Roanoke, Virginia For $612,000
622 Huntington Boulevard Northeast, Roanoke, Virginia 24012, United States
$612,000
$45/SF
Building Size
13,522 SF
Asset Type
Industrial
Closing
Dec 5, 2021
About this deal
AI
The industrial property located at 622 Huntington Blvd in Roanoke, Virginia has been recently sold. The property spans across 1.63 acres, offering ample space for various industrial activities.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $612,000
- Date: 12/05/2021
- Market: Roanoke, Virginia
- Buyer: Helm Building Enterprises, Ltd.
- Seller: HSW-HMW Family Limited Partnership
- Broker: Kent Roberts - Cushman & Wakefield - Thalhimer
- Area: 13,522 square feet
- Price per square foot: $45
The buyer in this transaction is Helm Building Enterprises, Ltd., while the seller is HSW-HMW Family Limited Partnership. Kent Roberts from Cushman & Wakefield - Thalhimer represented the parties involved in this deal.
Players
Roanoke 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
25.92%
Cash-on-Cash
-7.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93