Updated Sep 9, 2024
Shelton Winair Acquires Industrial Property On Mountain View Dr For $3.05M In Shelton, CT
10 Mountain View Drive, Shelton, Connecticut 06484, United States
$3,050,000
$97/SF
Building Size
31,298 SF
Asset Type
Industrial
Closing
Jul 12, 2022
About this deal
AI
An industrial property located at 10 Mountain View Dr in Shelton, CT, was recently sold for $3,050,000. The property sits on 5.16 acres and spans a total of 31,298 square feet. The sale was facilitated by Bruce Wettenstein of Vidal/Wettenstein, representing the buyer, Shelton Winair.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,050,000
- Address: 10 Mountain View Dr, Shelton, CT
- Market: Shelton, CT
- Asset Type: Industrial
- Acres: 5.16
- Buyer: Shelton Winair
- Broker: Bruce Wettenstein - Vidal/Wettenstein
- Square Footage: 31,298
- Price per Square Foot: $96
Bruce Wettenstein, from Vidal/Wettenstein, played a key role as the broker representing Shelton Winair in the sale of this industrial property.
Shelton 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
5.20%
Cash-on-Cash
-1.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93