Abundant Partners Sells Retail Property In Waterbury, CT For $2.4M
1030 Wolcott St Waterbury, CT 06705, USA
$2,400,000
$18/SF
Building Size
132,000 SF
Asset Type
Retail
Closing
Aug 9, 2023
AI
The retail property located at 1030 Wolcott Street in Waterbury, CT has been sold for a total price of $2,400,000. The property spans across 132,000 square feet, resulting in a price per square foot of $18. The seller of the property was Abundant Partners, while the brokerage services were provided by Sol Dweck of Dweck Realty Group.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,400,000
- Square Footage: 132,000
- Price per Square Foot: $18
- Address: 1030 Wolcott Street, Waterbury, CT
- Market: Waterbury, CT
- Seller: Abundant Partners
- Broker: Sol Dweck – Dweck Realty Group
Sol Dweck, a representative of Dweck Realty Group, played a key role in facilitating the sale of the retail property at 1030 Wolcott Street. The deal, valued at $2,400,000, was successfully completed with the involvement of Abundant Partners as the seller. The property offers a vast area of 132,000 square feet, allowing for various retail opportunities in the sought-after market of Waterbury, CT.
Players
Waterbury Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93