Brandon Mitchell & Mark Malone, CCIM Sell Industrial Property In Gorham, ME For $3.75M
SOLD
$3,750,000
Maine
See Similar DealsIndustrial
Sold 04/01/2022
SOLD
Brandon Mitchell & Mark Malone, CCIM Sell Industrial Property In Gorham, ME For $3.75M
12 Bartlett Road, Gorham, Maine 04038, United States
See Similar DealsIndustrial
Sold 04/01/2022
Summary
MAINE
Asset Type:Industrial
Transaction Type:Sale
A industrial property located at 12 Bartlett Rd in Gorham, ME, has been sold for $3,750,000. The transaction took place on 04/01/2022.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $3,750,000
- Address: 12 Bartlett Rd, Gorham, ME
- Market: Gorham, ME
The sale of this industrial property was facilitated by Brandon Mitchell and Mark Malone, CCIM, who are represented by Malone Commercial.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$199,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,322.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,776.91
Annual Debt Service$213,322.96
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