facebook

traded

+ Submit
Home

/

Deals

/

Connecticut

/

Industrial

/

Sale

/

215 Moody Road, Enfield, Co...

Adrian Edery & Brightpoint Investment Group Acquire Industrial Property In Enfield For $6.9M
SOLDIndustrial

Adrian Edery & Brightpoint Investment Group Acquire Industrial Property In Enfield For $6.9M

215 Moody Road, Enfield, Connecticut 06082, United States

$6,937,500

$41/SF

Building Size

167,000 SF

Asset Type

Industrial

Closing

Apr 6, 2022

AI

An industrial property located at 215 Moody Rd in Enfield, CT has been sold. The property spans approximately 167,000 square feet and was sold for a price of $6,937,500, resulting in a price per square foot of $41. The transaction took place on 04/07/2022.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $6,937,500
  • Address: 215 Moody Rd
  • Market: Enfield, CT

The buyer of the property is Adrian Edery from TwinPeaks Asset Management, along with Avraham Mehl and David Marasow from Brightpoint Investment Group. The seller of the property is Bob Rousseau. David Murdock, representing Sentry Commercial, served as the broker for the transaction.

TwinPeaks Asset Management, one of the buyers, is actively seeking industrial and flex investment opportunities in the Northeast region. They are interested in both stabilized and value-add opportunities. Please contact [email protected] for any potential deals.

Players

David Murdock

Sentry Commercial

Broker

$14.9M

vol

3 deals

Broker
EquityMultiple
EquityMultipleLender

Enfield 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

2.29%

Cash-on-Cash

-0.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93