305USRT1, LLC Acquires Retail Property In Yarmouth, ME For $1.6M
305 US-1, Yarmouth, ME
$1,600,000
$179/SF
Building Size
8,929 SF
Asset Type
Retail
Closing
Oct 17, 2022
About this deal
AI
The retail property located at 305 US-1 in Yarmouth, ME has been sold in a closed transaction. The property, measuring 8,929 square feet, was sold by Yarmouth Gateway LLC to 305USRT1, LLC for a sales price of $1,600,000. The price per square foot for this transaction was $179.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,600,000
- Square Footage: 8,929
- Address: 305 US-1, Yarmouth, ME
The buyer, 305USRT1, LLC, acquired the property from the seller, Yarmouth Gateway LLC. The transaction was facilitated by brokers Thomas Gadbois and David Jones of FO Bailey Real Estate.
Market Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Thomas Gadbois to view all their deals.
Browse Maine retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93