Updated Oct 29, 2024
Ultimate Realty Acquires South Windsor Last Mile Distribution Facility For $5.74M
1640 John Fitch Blvd, South Windsor, CT 06074, USA
$5,740,000
Building Size
—
Asset Type
—
Closing
Oct 8, 2020
About this deal
AI
An industrial last mile distribution facility located at 1640 John Fitch Blvd in South Windsor, Connecticut has been sold for a total price of $5,740,000. The property spans 260,000 square feet, resulting in a price per square foot of $22. The transaction reflects a capitalization rate of 8.7%.
Summary of transaction details
- Property Type: Industrial ~ Last Mile Distribution Facility
- Sale Price: $5,740,000
- Square Footage: 260,000
- Price Per Square Foot: $22
Ultimate Realty, represented by Mark Sabbagh and Michael Sabbagh, acted as the buyer in this deal. The seller of the property was Cohen Properties.
On the Map
$5,740,000
View full map
Players
South Windsor CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Browse Connecticut sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.76%
Cash-on-Cash
-0.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93