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45 Pines Bridge Road, Beaco...

Pinesbridge Properties Acquires Industrial Property On 45 Pines Bridge Rd In Beacon Falls, CT For $1.42M
SOLDIndustrial

Pinesbridge Properties Acquires Industrial Property On 45 Pines Bridge Rd In Beacon Falls, CT For $1.42M

45 Pines Bridge Road, Beacon Falls, Connecticut 06403, United States

$1,420,000

$101/SF

Building Size

14,042 SF

Asset Type

Industrial

Closing

Mar 17, 2022

AI

The industrial property located at 45 Pines Bridge Rd in Beacon Falls, CT has been sold in a recent transaction. The property spans a total of 14,042 square feet with a sale price of $1,420,000, resulting in a price per square foot of $101.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $1,420,000
  • Address: 45 Pines Bridge Rd, Beacon Falls, CT
  • Square Footage: 14,042
  • Price per Square Foot: $101

Pinesbridge Properties, LLC acted as the buyer in this transaction, while RSJ Development served as the seller. Representing the buyer was Laura Condon from CB Moves, while Alan Fischer from Fischer Real Estate, Inc represented the seller.

Players

Alan Fischer

Fisher Real Estate

Broker

$5.1M

vol

3 deals

Broker

Oxford 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

11.17%

Cash-on-Cash

-3.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93