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El Paso, TX, USA

Updated Sep 5, 2024

Joseph Ash Of KSR Acquires Industrial Property In El Paso, TX For $27M
SOLDIndustrial

Joseph Ash Of KSR Acquires Industrial Property In El Paso, TX For $27M

El Paso, TX, USA

$27,000,000

$97/SF

Building Size

276,360 SF

Asset Type

Industrial

Closing

Oct 8, 2021

About this deal

AI

An industrial property located in El Paso, TX has been sold for a total price of $27,000,000. This property, with a square footage of 276,360, was sold at a price per square foot of $97. The sale was facilitated by Joseph Ash from KSR, a notable brokerage firm.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $27,000,000
  • Market: El Paso, TX
  • Property Size: 276,360 square feet
  • Price per Square Foot: $97

Joseph Ash, representing KSR, played a significant role in the transaction. KSR is an expanding presence in various industrial markets across the U.S., prioritizing regions such as New York, New Jersey, Philadelphia, Boston, Florida, Atlanta, Texas, and the Carolinas. For those interested in buying, selling, or leasing industrial properties in the country, they can reach out to Joseph Ash at [email protected].

On the Map

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$27,000,000

$97/SF

Industrial

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Property Record

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Players

Joseph Ash

Kassin Sabbagh Realty

Broker

$1.3B

vol

16 deals

Broker
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El Paso Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $97 per square foot on a published $27M for 276,360 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.59%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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