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169 175 Cambridge St

Aryan Shiva Godwin, LLC Acquires Commercial Property In Burlington, MA For $2.55M
SOLDCommercial

Aryan Shiva Godwin, LLC Acquires Commercial Property In Burlington, MA For $2.55M

169 175 Cambridge St

$2,550,000

$205/SF

Building Size

12,395 SF

Asset Type

Commercial

Closing

Apr 10, 2023

AI

Summit Realty Partners has completed the sale of a 12,395 sq. ft. commercial property on 1.16 acres at 169-175 Cambridge St. in Burlington, MA for $2.55 million. The property features three mixed-use commercial buildings occupied by retail, service, and office tenants with under-market rents and short-term leases, and was sold to Aryan Shiva Godwin, LLC.

Summary of transaction details

  • Property Type: Commercial
  • Transaction Amount: $2,550,000
  • Square Footage: 12,395 sq. ft.
  • Address: 169-175 Cambridge St, Burlington, MA
  • Market: Burlington, MA
  • Acres: 1.16

The buyer, Aryan Shiva Godwin, LLC, was represented by Joginder Saini from New Home Realty. The seller's representative in the deal was Chris McMahon from Summit Realty Partners, Inc.

Players

Joginder Saini

Broker

$4.4M

vol

2 deals

Broker

South Grafton Commercial Market Snapshot

Boundary boundary · Commercial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.22%

Cash-on-Cash

-1.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93