facebook
Traded Co logo
Submit
Daily limit: 0/10

Team Woody LLC Acquires Industrial Property In Milford For $1.575M

Property Image
SOLD
$1,575,000

Connecticut

See Similar Deals
Industrial20,120 SF
Sold 05/17/2024
the dealplayerscompscontact
Property Image
SOLD

Team Woody LLC Acquires Industrial Property In Milford For $1.575M

435 Woodmont Road

See Similar Deals
Industrial20,120 SF
Sold 05/17/2024
the dealplayerscompscontact
Contact now

Summary

CONNECTICUT
Asset Type:Industrial
Price Per Square Foot:$78
Total Square Footage:20,120 SF
Transaction Type:Sale

The industrial property located at 435 Woodmont Road in Milford, CT, was sold for $1,575,000. The transaction involved Team Woody LLC as the buyer and was facilitated by Jon Angel from Angel Commercial. The property spans 20,120 square feet, resulting in a price per square foot of $78.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,575,000
  • Address: 435 Woodmont Road
  • Market: Milford, CT
  • Buyer: Team Woody LLC
  • Broker: Jon Angel - Angel Commercial
  • Square Footage: 20,120
  • Price Per Square Foot: $78

Angel Commercial, LLC successfully closed the sale of the industrial property to Team Woody LLC, a New York-based buyer. Team Woody LLC intends to utilize the space for business operations, contributing to the enhancement of the Milford Industrial Area.

Players

Jon Angel
Angel Commercial
Jon Angel
13 deals$46.5M volume
BROKER

Details

SOLD
IMAGE: 05/17/2024 ADDRESS: 435 Woodmont Road MARKET: Milford, CT ASSET TYPE: Industrial BUYER: Team Woody LLC BROKER: Jon Angel - Angel Commercial SALE PRICE: $1,575,000 SF: 20,120 ~ PPSF: $78 NOTE: Angel Commercial, LLC closed the sale of 435 Woodmont Rd. to Team Woody LLC for $1.575 million. The New York-based buyer plans to use the 20,120 sq ft property for business operations, enhancing the Milford Industrial Area.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$84,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,595.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,466.30
Annual Debt Service$89,595.64