Boston Realty Advisors Facilitates $7.54M Loan For Industrial Properties In Eliot & Kittery, ME
FINANCED
$7,540,000
Maine
See Similar DealsIndustrial
Financed 10/31/2022
FINANCED
Boston Realty Advisors Facilitates $7.54M Loan For Industrial Properties In Eliot & Kittery, ME
5 Dana Avenue, Kittery, Maine 03904, United States
See Similar DealsIndustrial
Financed 10/31/2022
Summary
MAINE
Asset Type:Industrial
Transaction Type:Loan
An industrial property located at 801-811 Dow Highway & 2-4 & 5 Dana Ave in Eliot & Kittery, ME has been involved in a recent transaction. The property is situated in a prime market and offers potential for industrial use. The loan amount for this transaction is $7,540,000.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $7,540,000
- Address: 801-811 Dow Highway & 2-4 & 5 Dana Ave, Eliot & Kittery, ME
- Market: Eliot & Kittery, ME
The deal was facilitated by Kevin Benzinger and Nicholas Herz from Boston Realty Advisors. They played a crucial role in representing the parties involved in the transaction and ensuring its successful completion.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$7,540,000.00
Monthly NOI$50,266.67
Monthly Debt Service$47,657.93
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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