Clancy Relocation & Logistics Acquires Industrial Property In South Windsor, CT For $5M
220 Strong Road, South Windsor, CT 06074, USA
$5,000,000
$104/SF
Building Size
48,060 SF
Asset Type
Industrial
Closing
Aug 20, 2020
AI
The industrial property located at 220 Strong Rd. in South Windsor, CT has been sold. The transaction took place on August 20, 2021, with a sale price of $5,000,000. The property spans 48,060 square feet and is situated on 15.45 acres. The price per square foot comes to $104, while the price per acre is $323,625.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,000,000
- Address: 220 Strong Rd., South Windsor, CT
- Market: South Windsor, CT
Clancy Relocation & Logistics purchased the property from CMS Ventures, LLC. The deal was facilitated by Sam Lyman from Lyman Real Estate, who represented both the buyer and the seller in this transaction.
Players
South Windsor 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93