Mixed-use Property At 3142 Fairfield Ave Sold For $1.345M With Hugh Thresher As Seller
3142 Fairfield Ave
$1,345,000
$182/SF
Building Size
7,368 SF
Asset Type
Mixed-use
Closing
Sep 30, 2022
AI
The property asset involved in this transaction is a mixed-use building located at 3142 Fairfield Ave in Bridgeport. The sale price for this asset was $1,345,000.00, and it encompasses a total square footage of 7,368.0 square feet.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,345,000.00
- Address: 3142 Fairfield Ave
- Market: Bridgeport
- Seller: Hugh Thresher
- Broker: Matt Cawley - National Multifamily
This transaction was represented by Matt Cawley of National Multifamily, who acted as the broker in the deal involving Hugh Thresher as the seller. The transaction was finalized on September 30, 2022.
Players
Bridgeport 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
11.79%
Cash-on-Cash
-3.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93