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Gulf Road, Dartmouth, Massa...

William Milbury Acquires 19.59 Acres Of Land In Dartmouth, MA For $2.35M
SOLD

William Milbury Acquires 19.59 Acres Of Land In Dartmouth, MA For $2.35M

Gulf Road, Dartmouth, Massachusetts 02748, United States

$2,350,000

Building Size

Asset Type

Closing

Oct 26, 2022

AI

A 19.59-acre land located on Gulf Rd in Dartmouth, MA was recently sold for a price of $2,350,000. The transaction took place on October 27, 2022. The property, which was represented by William Milbury of Milbury & Company, was featured in an image shared by William Milbury on Instagram.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $2,350,000
  • Address: Gulf Rd, Dartmouth, MA
  • Market: Dartmouth, MA
  • Broker: William Milbury - Milbury & Company

This sale transaction highlights the involvement of William Milbury of Milbury & Company as the broker for the land on Gulf Rd in Dartmouth, MA. The image posted on Instagram by William Milbury showcases the property and provides a visual representation of the transaction.

Players

William Milbury

Broker

$8.6M

vol

3 deals

Broker

South Dartmouth 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

6.75%

Cash-on-Cash

-1.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93