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21 Elm Street

Elm Street Properties, LLC Acquires Mixed-Use Asset In Camden, ME For $1.79M
SOLDMixed-use

Elm Street Properties, LLC Acquires Mixed-Use Asset In Camden, ME For $1.79M

21 Elm Street

$1,790,000

$103/SF

Building Size

17,303 SF

Asset Type

Mixed-use

Closing

Dec 8, 2023

AI

Elm Street Properties, LLC has successfully acquired 21 Elm Street in Camden, ME in a recent transaction. The mixed-use property was sold for $1.79 million and spans a total area of 17,303 square feet. Located in the market of Camden, this property offers a variety of potential uses, making it an attractive investment.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $1,790,000
  • Address: 21 Elm Street, Camden, ME
  • Market: Camden, ME
  • SF: 17,303
  • Price per Square Foot: $103

The successful acquisition of 21 Elm Street was brokered by Noah Stebbins and Sasha Phillips, representing The Boulos Company. Their expertise and negotiation skills were instrumental in facilitating the transaction, ensuring a smooth and satisfactory deal for all parties involved.

Players

Noah Stebbins

The Boulos Company

Broker

$7.9M

vol

3 deals

Broker

Camden Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.86%

Cash-on-Cash

-2.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93