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Horvath & Tremblay Facilitates $1.5M Sale Of Advance Auto Parts In New Haven
SOLD
$1,500,000
+ 1
Connecticut
See Similar DealsRetail
Sold 04/26/2024
SOLD
Horvath & Tremblay Facilitates $1.5M Sale Of Advance Auto Parts In New Haven
471 Foxon Boulevard
See Similar DealsRetail
Sold 04/26/2024
+ 1
Summary
CONNECTICUT
Asset Type:Retail
Transaction Type:Sale
The property at 471 Foxon Boulevard in New Haven, CT, was recently sold for $1,500,000. The sale was facilitated by Daniel Bernardini, Matthew Nadler, Robert Horvath, and Todd Tremblay from Horvath & Tremblay. The transaction involved seller representation and buyer procurement for the sale of Advance Auto Parts.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,500,000
- Address: 471 Foxon Boulevard
- Market: New Haven, CT
- Brokers: Daniel Bernardini, Matthew Nadler, Robert Horvath & Todd Tremblay - Horvath & Tremblay
Horvath & Tremblay played a crucial role in finalizing the deal for the sale of the Advance Auto Parts property. With their expertise, the transaction was successfully managed to the satisfaction of both the seller and the buyer.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$79,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
Annual Debt Service$85,329.18
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