Cedar’s Mediterranean Foods, Inc Acquires Industrial Property On Ward Hill Ave In Haverhill, MA For $3.1M
73 Ward Hill Ave
Building Size
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Asset Type
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Closing
Jun 14, 2022
AI
Located at 73 Ward Hill Ave in Haverhill, MA, an industrial property has been sold in a closed transaction. The property spans 17,876 square feet and was acquired by Cedar's Mediterranean Foods, Inc for a total sale price of $3,100,000. The price per square foot for this transaction was $173. The sale was facilitated by Wicklow Realty, LLC, with Rick Bartley and Anthony Triglione of Nordlund Associates representing the seller.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,100,000
- Square Footage: 17,876
- Price per Square Foot: $173
- Address: 73 Ward Hill Ave, Haverhill, MA
- Buyer: Cedar's Mediterranean Foods, Inc
- Seller: Wicklow Realty, LLC
- Seller's Rep: Rick Bartley & Anthony Triglione - Nordlund Associates
Rick Bartley and Anthony Triglione of Nordlund Associates played a key role as the seller's representatives in this transaction. They ensured a successful deal between Cedar's Mediterranean Foods, Inc and Wicklow Realty, LLC for the industrial property located at 73 Ward Hill Ave in Haverhill, MA.
Players
Haverhill 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93