Updated Dec 22, 2023
Brandon Mitchell & Mark Malone, CCIM Sell Industrial Property In Gorham, ME For $3.75M
12 Bartlett Road, Gorham, Maine 04038, United States
$3,750,000
Building Size
—
Asset Type
Industrial
Closing
Mar 31, 2022
About this deal
AI
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.
The industrial sale at 12 Bartlett Road, Gorham, Maine 04038, United States in Gorham, Maine sold for $3.8M in 2022. 12 Bartlett Road, Gorham, Maine 04038, United States is classified as Industrial on Traded. Brandon Mitchell, Mark Malone, Malone Commercial Brokers appear on the sale alongside Malone Commercial Brokers. This page is the Gorham, Maine file for the 12 Bartlett Road, Gorham, Maine 04038, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Gorham sit in the Market section below. Filter that Gorham industrial set by closing date to see what else sold near 12 Bartlett Road, Gorham, Maine 04038, United States around 2022. Published consideration for 12 Bartlett Road, Gorham, Maine 04038, United States is $3.8M, dated 2022. Cite this Brandon Mitchell & Mark Malone, CCIM Sell Industrial Property In Gorham, ME For $3.75M sale when underwriting similar industrial product around Gorham, Maine.
Players
Gorham Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.23%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93