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.
Westport Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
Loading comparables…
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