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785 Post Road East, Westpor...

Brian Walsh Of EagleBridge Capital Secures $7.8M Mortgage Financing For Mixed-Use Property On Post Rd E In Westport, CT
FINANCEDMixed-use

Brian Walsh Of EagleBridge Capital Secures $7.8M Mortgage Financing For Mixed-Use Property On Post Rd E In Westport, CT

785 Post Road East, Westport, Connecticut 06880, United States

$7,800,000

$973/SF

Building Size

8,015 SF

Asset Type

Mixed-use

Closing

May 12, 2022

AI

A mixed-use property located at 785 Post Rd E in Westport, CT has been involved in a recent transaction. The property, which is situated in a bustling market, has attracted attention and secured financing with a mortgage loan of $7,800,000.

Summary of transaction details:

  • Property Type: Mixed-Use
  • Transaction Amount: $7,800,000
  • Market: Westport, CT
  • Broker: Brian Walsh - EagleBridge Capital
  • Loan Type: Mortgage Financing

The broker responsible for facilitating this transaction is Brian Walsh from EagleBridge Capital. With their expertise, the parties involved were able to secure the mortgage financing needed for the property.

Players

Brian Walsh

EagleBridge Capital

Broker

$230.2M

vol

12 deals

Broker

Westport Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.03%

Cash-on-Cash

-0.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93