Updated Oct 28, 2024
BDP Holdings Acquires Office Building In Shelton, CT With Dennis Lim As Buyer's Rep
35 Waterview Drive, Shelton, Connecticut 06484, United States
Building Size
310,000 SF
Asset Type
Office
Closing
Feb 28, 2022
About this deal
AI
The office property located at 27 & 35 Waterview Dr in Shelton, CT has been sold. The transaction was completed on 03/01/2022. The property spans a total of 310,000 square feet and is owned by BDP Holdings, with Dennis Lim representing the buyer.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 27 & 35 Waterview Dr, Shelton, CT
- Market: Shelton, CT
The deal was facilitated by Dennis Lim, who represented BDP Holdings as their broker in the transaction.
Players
Shelton Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93