Pinesbridge Properties Acquires Industrial Property On 45 Pines Bridge Rd In Beacon Falls, CT For $1.42M
SOLD
$1,420,000
Connecticut
See Similar DealsIndustrial14,042 SF
Sold 03/18/2022
SOLD
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
See Similar DealsIndustrial14,042 SF
Sold 03/18/2022
Summary
CONNECTICUT
Asset Type:Industrial
Price Per Square Foot:$101
Total Square Footage:14,042 SF
Transaction Type:Sale
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
Details
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$75,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,044.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,731.52
Annual Debt Service$80,778.29
Is there something missing? Send suggestions