Marcus & Millichap Brokers $5M Industrial Sale In Bristol, CT
60 Wooster Court, Bristol, CT 06010, USA
$5,024,662
$72/SF
Building Size
69,494 SF
Asset Type
Industrial
Closing
Nov 30, 2021
AI
The industrial property located at 60 Wooster Ct in Bristol, CT was recently sold. The transaction took place on November 30, 2021, with a sale price of $5,024,662. The property spans a total of 69,494 square feet, resulting in a price per square foot of $72. The asset type of the property is industrial.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Amount: $5,024,662
- Address: 60 Wooster Ct, Bristol, CT
- Market: Bristol, CT
- Square Footage: 69,494
- Price per Square Foot: $72
The sale was facilitated by Laurie Ann (L.A.) Drinkwater & Seth J. Richard from Marcus & Millichap. They represented the parties involved in the transaction. No further details regarding the deal participants or any additional aspects of the transaction were disclosed.
Players
Bristol 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
3.16%
Cash-on-Cash
-0.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93