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591 Dillon Lane, Rehoboth, ...

Frida LLC Acquires 173-Acre Land In Swansea, MA For $1.05M
SOLD

Frida LLC Acquires 173-Acre Land In Swansea, MA For $1.05M

591 Dillon Lane, Rehoboth, Massachusetts 02777, United States

$1,050,000

$282/SF

Building Size

3,720 SF

Asset Type

Closing

Apr 28, 2022

AI

A 173-acre land located at 591 Dillon Ln in Swansea, MA has been sold in a recent transaction. The sale took place on 04/29/2022, with the buyer being Frida LLC. The property is categorized as land and was purchased for a total price of $1,050,000. The sale was facilitated by Eric Schultheis, a representative from Sweeney Real Estate & Appraisal.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,050,000
  • Address: 591 Dillon Ln, Swansea, MA
  • Market: Swansea, MA
  • Buyer: Frida LLC
  • Broker: Eric Schultheis - Sweeney Real Estate & Appraisal

The sale of this 173-acre land in Swansea was successfully completed, further enhancing Frida LLC's real estate portfolio. Eric Schultheis, representing Sweeney Real Estate & Appraisal, played a pivotal role in facilitating the transaction. This acquisition demonstrates Frida LLC's commitment to expanding its land holdings in Swansea, MA.

Players

Eric Schultheis

Sweeney Real Estate & Appraisal

Broker

$3.7M

vol

3 deals

Broker

Swansea 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

15.11%

Cash-on-Cash

-4.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93