Updated Dec 19, 2023
Horvath & Tremblay Brokers Sell Retail Property In North Windham, CT For $2.1M
320 Boston Post Road, North Windham, CT, USA
$2,100,000
$300/SF
Building Size
7,000 SF
Asset Type
Retail
Closing
Jan 28, 2021
About this deal
AI
The retail property located at 320 Boston Post Road in North Windham, CT was recently sold for a total of $2,100,000. The property spans 7,000 square feet, resulting in a price per square foot of $300. The sale took place on January 29, 2021. This transaction involved the real estate brokerage firm Horvath & Tremblay, with Bob Horvath, Todd Tremblay, and Matt Nadler as the brokers representing the deal.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,100,000
- Address: 320 Boston Post Road, North Windham, CT
- Square Footage: 7,000
- Price per Square Foot: $300
- Date: January 29, 2021
- Brokers: Bob Horvath, Todd Tremblay, & Matt Nadler - Horvath & Tremblay
The involvement of Horvath & Tremblay in this sale highlights their expertise and experience in the retail real estate market. This transaction demonstrates their successful representation of both the buyer and seller. The sale of the property at 320 Boston Post Road further solidifies their position as trusted brokers in the North Windham, CT market.
Players
North Windham 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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93