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.
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