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3142 Fairfield Ave

Mixed-use Property At 3142 Fairfield Ave Sold For $1.345M With Hugh Thresher As Seller
SOLDMixed-use

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

Matt Cawley

National Multifamily

Broker

$50.7M

vol

13 deals

Broker

Hugh Thresher

Seller
Seller

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