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Sale · Industrial

Updated Dec 4, 2024

Dalfen Industrial Acquires Industrial Property In Auburn, WA For $5.2M
SOLDIndustrial

Dalfen Industrial Acquires Industrial Property In Auburn, WA For $5.2M

$5,225,000

Building Size

Asset Type

Industrial

Closing

Jan 30, 2024

About this deal

AI

An industrial property located at 214 21st Street SE in Auburn, Washington, has been acquired by Dalfen Industrial for $5,225,000. This unique property boasts a strategic location in the industrial market of Auburn, offering immense potential for the buyer.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $5,225,000
  • Address: 214 21st Street Southeast
  • Market: Auburn, WA

Matt McLennan from Kidder Mathews represented Dalfen Industrial in this transaction, showcasing a seamless deal process. The involvement of experienced professionals like Matt McLennan highlights the expertise and efficiency that played a crucial role in the successful acquisition of the industrial property.

Players

Matt McLennan

Kidder Mathews

Broker

$77.7M

vol

7 deals

Broker

Market 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

3.04%

Cash-on-Cash

-0.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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