Updated Oct 28, 2024
ECBCT LLC And SDCT LLC Acquire Industrial Property In East Haven, CT For $1.54M
218 Foxon Road, East Haven, Connecticut 06513, United States
$1,540,000
$82/SF
Building Size
18,764 SF
Asset Type
Industrial
Closing
May 19, 2022
About this deal
AI
Located at 218 Foxon Rd in East Haven, CT, this industrial property was recently sold in a transaction that closed on May 20, 2022. The property spans a total of 18,764 square feet and has been acquired by ECBCT LLC, represented by Eli Breiner, and SDCT LLC, represented by Daniel Klein. The seller, MCM Development, completed the deal with the assistance of O,R&L Commercial brokers Frank Hird and Adam Gregg.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $1,540,000
- Address: 218 Foxon Rd, East Haven, CT
- Buyer: ECBCT LLC - Eli Breiner & SDCT LLC - Daniel Klein
- Seller: MCM Development
- Brokers: Frank Hird & Adam Gregg - O,R&L Commercial
The sale of this industrial property for $1,540,000 highlights the successful collaboration between ECBCT LLC, represented by Eli Breiner, and SDCT LLC, represented by Daniel Klein. The deal was facilitated by Frank Hird and Adam Gregg from O,R&L Commercial, who brought together the buyer and seller to finalize the transaction. The property's size of 18,764 square feet adds to its value and potential for various industrial ventures.
On the Map
$1,540,000
$82/SF
Industrial
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Players
East Haven 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
10.30%
Cash-on-Cash
-2.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93