SOLDIndustrial
Mercantile Development, Inc Acquires Industrial Property In Shelton, CT For $2M
10 Waterview Drive, Shelton, CT, USA
$2,000,000
$14/SF
Building Size
138,448 SF
Asset Type
Industrial
Closing
Nov 19, 2021
AI
Located at 10 Waterview Drive in Shelton, CT, this industrial property spans across 11.47 acres. The property has been recently sold on November 19, 2021.
Summary of transaction details:
- Property Type: Industrial
- Sale Price: $2,000,000
- Address: 10 Waterview Drive, Shelton, CT
- Market: Shelton, CT
Mercantile Development, Inc has acquired this property for a price of $2,000,000. The transaction was facilitated by Chris O'Hara from Coldwell Banker Commercial.
Players
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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93