facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Washington

/

Industrial

/

Sale

/

14800 40th Avenue Northeast...

BKM Capital Partners Acquires Industrial Property In Marysville, WA For $20.3M
SOLDIndustrial

BKM Capital Partners Acquires Industrial Property In Marysville, WA For $20.3M

14800 40th Avenue Northeast, Marysville, Washington 98271, United States

$20,300,000

$166/SF

Building Size

122,000 SF

Asset Type

Industrial

Closing

Oct 30, 2022

AI

The industrial property located at 14800-15100 40th Ave NE in Marysville, WA has been sold for a total price of $20,300,000. The property spans a total area of 122,000 square feet, resulting in a price per square foot of $166. The transaction took place on October 31, 2022.

Summary of Transaction Details

  • Property Type: Industrial
  • Sale Price: $20,300,000
  • Square Footage: 122,000
  • Price per Square Foot: $166
  • Address: 14800-15100 40th Ave NE, Marysville, WA
  • Market: Marysville, WA

The buyer in this transaction is BKM Capital Partners, while the seller is Pacific Industrial Park LP. Fletcher Farrar from Neil Walter Co represented the buyer, while Matthew Hagen and Matthew Henn from Kidder Mathews represented the seller.

Players

Neil Walter
Neil WalterBrokerage
BKM Capital Partners
BKM Capital PartnersBuyer

Marysville Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.78%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93