Updated Dec 19, 2023
Fantini & Gorga Facilitates $1.4M Acquisition Loan For Retail Property On Main St. In Rocky Hill, CT
2427 Main St, Rocky Hill, CT, USA
$1,400,000
$25/SF
Building Size
55,321 SF
Asset Type
Retail
Closing
Nov 26, 2021
About this deal
AI
A retail property located at 2427 Main St. in Rocky Hill, CT has recently undergone an acquisition. The transaction was facilitated by Casimir Groblewski of Fantini & Gorga.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,400,000
- Loan Type: Acquisition
In this deal, Casimir Groblewski, a broker representing Fantini & Gorga, played a crucial role. Their expertise helped facilitate the acquisition of the retail property located at 2427 Main St. in Rocky Hill, CT.
The retail loan at 2427 Main St, Rocky Hill, CT, USA in Rocky Hill, Connecticut financed for $1.4M in 2021. The building is 55,321 square feet, implying about 25 per square foot on the published price. Casimir Groblewski, Fantini & Gorga appear on the loan alongside Fantini & Gorga. This page is the Rocky Hill, Connecticut file for the 2427 Main St, Rocky Hill, CT, USA retail financed: pricing, party profiles, and other closed retail comps from the same Rocky Hill sit in the Market section below. Filter that Rocky Hill retail set by closing date to see what else financed near 2427 Main St, Rocky Hill, CT, USA around 2021. Published consideration for 2427 Main St, Rocky Hill, CT, USA is $1.4M, dated 2021. Cite this Fantini & Gorga Facilitates $1.4M Acquisition Loan For Retail Property On Main St. In Rocky Hill, CT loan when underwriting similar retail product around Rocky Hill, Connecticut.
Rocky Hill Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93