Retail Property In Westbrook, ME Sells For $6.35M By Bob Horvath, Todd Tremblay & Hobart Hare - Horvath & Tremblay
92 Rock Row, Westbrook, Maine 04092, United States
$6,350,000
Building Size
—
Asset Type
Retail
Closing
Oct 27, 2022
About this deal
AI
The retail property located at 92 & 94 Rock Row in Westbrook, ME has been sold for a total price of $6,350,000. The transaction was completed on October 28, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $6,350,000
- Address: 92 & 94 Rock Row, Westbrook, ME
- Market: Westbrook, ME
The sale was facilitated by brokers Bob Horvath, Todd Tremblay, and Hobart Hare from Horvath & Tremblay.
The retail sale at 92 Rock Row, Westbrook, Maine 04092, United States in Westbrook, Maine sold for $6.4M in 2022. 92 Rock Row, Westbrook, Maine 04092, United States is classified as Retail on Traded. Hobart (Hobie) Hare, Todd Tremblay, Robert (Bob) Horvath, Horvath & Tremblay appear on the sale alongside Horvath & Tremblay. This page is the Westbrook, Maine file for the 92 Rock Row, Westbrook, Maine 04092, United States retail sold: pricing, party profiles, and other closed retail comps from the same Westbrook sit in the Market section below. Filter that Westbrook retail set by closing date to see what else sold near 92 Rock Row, Westbrook, Maine 04092, United States around 2022. Published consideration for 92 Rock Row, Westbrook, Maine 04092, United States is $6.4M, dated 2022. Cite this Retail Property In Westbrook, ME Sells For $6.35M By Bob Horvath, Todd Tremblay & Hobart Hare - Horvath & Tremblay sale when underwriting similar retail product around Westbrook, Maine.
Players
Westbrook 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
2.50%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93