Carl John Vanderputten Living Trust Acquires Mixed-Use Property In Gray, Maine For $1.07M
67 Shaker Road, Gray, ME, USA
$1,070,000
$177/SF
Building Size
6,042 SF
Asset Type
Mixed-use
Closing
Dec 21, 2020
About this deal
AI
Located at 67 Shaker Road in Gray, ME, this mixed-use property was recently sold in a transaction that took place on December 22, 2020. Anthony Struzziero captured an image of the property, highlighting its features. The asset spans a total area of 6,042 square feet and was sold for a sale price of $1,070,000, which translates to a price per square foot of $177.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,070,000
- Asking Price: $1,200,000
- Square Footage: 6,042
- Seller: Shaker Place, LLC
- Buyer: Carl John Vanderputten Living Trust
- Broker: Anthony Struzziero - Porta Company
The seller of this property was Shaker Place, LLC, while the buyer was the Carl John Vanderputten Living Trust. Representing the buyer and seller in this transaction was Anthony Struzziero from Porta Company.
Players
Gray 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
14.83%
Cash-on-Cash
-4.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93