MSP Professionals 170 US-1 LLC Acquires Office Property In Falmouth, ME For $2.15M
170 US-1
Building Size
—
Asset Type
—
Closing
Aug 10, 2022
About this deal
AI
MSP Professionals 170 US-1 LLC has acquired an office property located at 170 US-1 in Falmouth, ME. The property spans 22,000 square feet and was sold by RET Realty LLC at a price of $2,150,000, resulting in a price per square foot of $98.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $2,150,000
- Address: 170 US-1, Falmouth, ME
- Market: Falmouth, ME
The deal was facilitated by Thomas Gadbois from Uniquely FO Bailey Real Estate, representing both the buyer, MSP Professionals 170 US-1 LLC, and the seller, RET Realty LLC.
With this transaction, MSP Professionals 170 US-1 LLC expands its portfolio with this office property in Falmouth.
Players
Ormond Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93