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
About this deal
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.
On the Map
$1,790,000
$103/SF
Mixed-use
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Players
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