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
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