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73 Ward Hill Ave

Cedar’s Mediterranean Foods, Inc Acquires Industrial Property On Ward Hill Ave In Haverhill, MA For $3.1M
SOLD

Cedar’s Mediterranean Foods, Inc Acquires Industrial Property On Ward Hill Ave In Haverhill, MA For $3.1M

73 Ward Hill Ave

Building Size

Asset Type

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

CI
Cedar’s Mediterranean Foods, IncBuyer
WL
Wicklow Realty, LLCSeller

Haverhill CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

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