Big Three Ventures, LLC Acquires Industrial Property In Middleton, MA For $3.3M
14 Birch Road
$3,300,000
$99/SF
Building Size
33,160 SF
Asset Type
Industrial
Closing
Sep 30, 2022
AI
An industrial property located at 14 Birch Road in Middleton, MA has been sold in a closed transaction. The property spans a total area of 33,160 square feet and was sold at a price of $3,300,000, resulting in a price per square foot of $96. The transaction took place on September 30, 2022. The property is situated in Middleton, MA, which is a market known for its industrial properties.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,300,000
- Square Footage: 33,160
- Price per Square Foot: $96
- Address: 14 Birch Road, Middleton, MA
- Market: Middleton, MA
The buyer of the property is Big Three Ventures, LLC, while the seller is Birch Road 14, LLC. The transaction was facilitated by Chris Everest from Nordlund Associates, who represented the parties involved in the deal.
Belmont 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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93