SOLDIndustrial
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
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.
Players
Gorham Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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