Updated Oct 29, 2024
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
About this deal
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.
On the Map
$2,550,000
$205/SF
Commercial
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Players
South Grafton Commercial Market Snapshot
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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