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
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
Loading comparables…
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