Updated Sep 9, 2024
SRS Real Estate Partners Acquires Self-Storage Facility In Marlborough, MA For $1.86M
846-850 Boston Post Road East, Marlborough, Massachusetts 01752, United States
$1,860,000
$98/SF
Building Size
18,836 SF
Asset Type
—
Closing
Feb 2, 2022
About this deal
AI
The self-storage property located at 846-850 Boston Post Rd in Marlborough, MA has been sold for a total price of $1,860,000. This transaction was finalized on 02/03/2022.
Summary of transation details
- Property Type: Self-Storage
- Transaction Amount: $1,860,000
- Number of Units: 260
- Price per Unit: $7,154
- Total Square Footage: 18,836
- Price per Square Foot: $99
The sale was facilitated by Danny Griffin and Eric Suffoletto from SRS Real Estate Partners.
The commercial sale at 846-850 Boston Post Road East, Marlborough, Massachusetts 01752, United States in Marlborough, Massachusetts sold for $1.9M in 2022. Reported inventory is 18,836 square feet across 260 units, or about 98 per square foot. Danny Griffin, Eric Suffoletto, SRS Real Estate Partners, Atlantic Retail appear on the sale alongside SRS Real Estate Partners, Atlantic Retail. This page is the Marlborough, Massachusetts file for the 846-850 Boston Post Road East, Marlborough, Massachusetts 01752, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Marlborough sit in the Market section below. Filter that Marlborough commercial set by closing date to see what else sold near 846-850 Boston Post Road East, Marlborough, Massachusetts 01752, United States around 2022. Published consideration for 846-850 Boston Post Road East, Marlborough, Massachusetts 01752, United States is $1.9M, dated 2022. Cite this SRS Real Estate Partners Acquires Self-Storage Facility In Marlborough, MA For $1.86M sale when underwriting similar commercial product around Marlborough, Massachusetts.
Players
Marlborough CRE Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.53%
Cash-on-Cash
-2.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93