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
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].
El Paso 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
0.59%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93