Horvath & Tremblay Brokers Todd Tremblay & Bob Horvath Sell Caribou Retail Property For $3.2M
30 Skyway Drive, Caribou, Maine 04736, United States
$3,200,000
$48,484/SF
Building Size
66 SF
Asset Type
Retail
Closing
Feb 12, 2022
About this deal
AI
A retail property located at 30-42 Skyway Dr in Caribou, ME was recently sold for $3,200,000. The property spans a total area of 66,012 square feet, resulting in a price per square foot of $48.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,200,000
- Address: 30-42 Skyway Dr, Caribou, ME
- Market: Caribou, ME
- Brokers: Todd Tremblay & Bob Horvath - Horvath & Tremblay
- Square Footage: 66,012
- Price per Square Foot: $48
Todd Tremblay and Bob Horvath from Horvath & Tremblay were the brokers involved in the transaction. They represented the buyer and seller in the deal.
Players
Caribou 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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93