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115 Hurley Road, Oxford, CT...

EagleBridge Capital Secures $6M Permanent Loan For Industrial Property In Oxford, CT
FINANCEDIndustrial

EagleBridge Capital Secures $6M Permanent Loan For Industrial Property In Oxford, CT

115 Hurley Road, Oxford, CT, USA

$6,000,000

$44/SF

Building Size

134,700 SF

Asset Type

Industrial

Closing

Nov 12, 2021

AI

A permanent loan of $6,000,000 has been secured for an industrial property located at 115 Hurley Road in Oxford, CT. The property is situated on 20 acres of land and spans a total of 134,700 square feet.

Summary of Transaction Details:

  • Property Type: Industrial
  • Transaction Amount: $6,000,000
  • Address: 115 Hurley Road, Oxford, CT
  • Market: Oxford, CT
  • Acres: 20
  • Square Feet: 134,700

The loan was facilitated by Brian Walsh of EagleBridge Capital. Brian Walsh acted as the broker representing the parties involved in the deal.

Players

Brian Walsh

EagleBridge Capital

Broker

$230.2M

vol

12 deals

Broker

Oxford Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.64%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93