Horvath & Tremblay Facilitates $1.5M Sale Of Advance Auto Parts In New Haven
471 Foxon Boulevard
$1,500,000
Building Size
—
Asset Type
Retail
Closing
Apr 26, 2024
AI
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.
Players
New Haven Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93