Bob Horvath & Todd Tremblay Acquires Retail Property In Augusta, ME For $5.1M
10 Whitten Road, Augusta, Maine 04330, United States
$5,077,000
$986/SF
Building Size
5,148 SF
Asset Type
Retail
Closing
May 5, 2022
About this deal
AI
Located in Augusta, ME, the property at 10 Whitten Rd recently changed hands in a retail sale transaction. The deal was facilitated by Bob Horvath and Todd Tremblay of Horvath & Tremblay. The transaction took place on 05/06/2022.
Summary of transation details
- Property Type: Retail
- Sale Price: $5,077,000
- Square Footage: 5,148
- Price per Square Foot: $986
- Address: 10 Whitten Rd
- Market: Augusta, ME
The property, spanning 5,148 square feet, was sold for $5,077,000, resulting in a price per square foot of $986. The retail asset is situated at 10 Whitten Rd in Augusta, ME. The sale was represented by Bob Horvath and Todd Tremblay of Horvath & Tremblay.
Players
Augusta Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.12%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93