Colliers Hartford Brokers Close $13.25M Sale Of Industrial And Mixed-Use Properties In East Hartford And Windsor, CT
125 Mc Kee Street, East Hartford, Connecticut 06108, United States
$13,250,000
$65/SF
Building Size
200,950 SF
Asset Type
Mixed-use
Closing
Jan 21, 2022
AI
The recent transaction involved the sale of an industrial and mixed-use property located at 125 McKee St, 480 & 570 Hayden Station Rd, and 111-121 Roberts St in East Hartford and Windsor, CT. The property spans across a total of 200,950 square feet.
Summary of transaction details
- Property Type: Industrial & Mixed use
- Transaction Amount: $13,250,000
- Address: 125 McKee St, 480 & 570 Hayden Station Rd & 111-121 Roberts St, East Hartford & Windsor, CT
- Brokers: Ian Hunt, Nick Morizio & John Cafasso - Colliers Hartford
The sale transaction was facilitated by Ian Hunt, Nick Morizio, and John Cafasso from Colliers Hartford.
The property was sold for a total of $13,250,000, with a price per square foot of $66.
Players
East Hartford Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.20%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93