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143 Colony Road, Gardner, M...

Aho Properties Acquires Self Storage Asset In Gardner, MA For $7.25M
SOLD

Aho Properties Acquires Self Storage Asset In Gardner, MA For $7.25M

143 Colony Road, Gardner, Massachusetts 01440, United States

$7,250,000

Building Size

Asset Type

Closing

Sep 15, 2022

AI

The self-storage property located at 143 Colony Rd in Gardner, MA has been sold for a price of $7,250,000. The transaction, which took place on September 16, 2022, was facilitated by Joel Aho of Aho Properties.

Summary of transaction details

  • Property Type: Self Storage
  • Transaction Amount: $7,250,000
  • Date: 09/16/2022
  • Address: 143 Colony Rd
  • Market: Gardner, MA

Joel Aho, representing Aho Properties, played a key role in the sale of the self-storage property at 143 Colony Rd in Gardner, MA.

Players

Joel Aho

Aho Properties

Broker

$42.4M

vol

17 deals

Broker

Gardner CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.19%

Cash-on-Cash

-0.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93