SOLD
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
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.
Players
Marlborough 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
8.53%
Cash-on-Cash
-2.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93