Updated Oct 28, 2024
Enfield Acquires Warehouse In Stratford For $5.6M
1410 Honeyspot Road Extension, Stratford, Connecticut 06615, United States
$5,600,000
$99/SF
Building Size
56,300 SF
Asset Type
Industrial
Closing
Feb 6, 2022
About this deal
AI
The warehouse located at 1410 Honeyspot Rd in Stratford, CT has been sold in a recent transaction. The property spans approximately 56,300 square feet and was sold for a price of $5,600,000, resulting in a price per square foot of $99. The sale took place on February 7, 2022.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $5,600,000
- Square Footage: 56,300
- Price per Square Foot: $99
- Date of Sale: February 7, 2022
- Address: 1410 Honeyspot Rd, Stratford, CT
The buyer in this transaction is Enfield represented by Frank Antonacci, while the seller is AMEC Holdings LLC represented by Guy Mazzola. These individuals and companies played key roles in the deal, ensuring its successful completion.
Players
Stratford 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
2.83%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93