SOLDRetail
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
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.
Players
Westbrook Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
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