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7 Inge's Way, Plymouth, Mas...

Exp Realty And Coldwell Banker Represented Buyer And Seller In $5.65M Package Deal Sale In Plymouth, MA
SOLD

Exp Realty And Coldwell Banker Represented Buyer And Seller In $5.65M Package Deal Sale In Plymouth, MA

7 Inge's Way, Plymouth, Massachusetts 02360, United States

$5,650,000

$513/SF

Building Size

11,000 SF

Asset Type

Closing

May 19, 2022

AI

The package deal at 7 & 9 Inge's Way & 102 & 110 Ellisville in Plymouth, MA has been sold. The property consists of 19.44 acres and has a total square footage of 11,000. The asking price for the deal was $4,700,000, and it was eventually sold for $5,650,000. The price per square foot for the property is $514, while the price per acre stands at $290,638.

Summary of transaction details

  • Property Type: Package Deal
  • Transaction Amount: $5,650,000
  • Address: 7 & 9 Inge's Way & 102 & 110 Ellisville, Plymouth, MA
  • Market: Plymouth, MA
  • Size: 11,000 sq. ft.
  • Asking Price: $4,700,000
  • Acreage: 19.44 acres
  • Price per Square Foot: $514
  • Price per Acre: $290,638

The deal was facilitated by two brokers, Doug Gilmore of Exp Realty and Lynne Morey of Coldwell Banker. They represented the respective parties in this transaction.

Players

Doug Gilmore

EXP Realty

Broker

$8M

vol

3 deals

Broker

Plymouth 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

2.81%

Cash-on-Cash

-0.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93