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894-896 Boston Post Road Ea...

Updated Oct 28, 2024

BEB Lending Provides $5.85M Bridge Loan For Marlborough Industrial Property
FINANCEDIndustrial

BEB Lending Provides $5.85M Bridge Loan For Marlborough Industrial Property

894-896 Boston Post Road East, Marlborough, Massachusetts 01752, United States

$5,850,000

$64/SF

Building Size

90,849 SF

Asset Type

Industrial

Closing

Mar 15, 2022

About this deal

AI

The industrial property located at 894-896 Boston Post Road in Marlborough, MA was involved in a closed transaction. The property spans a total of 90,849 square feet and falls under the asset type of Industrial. The deal took place on 03/16/2022. The property was owned by Patriot Holdings.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $5,850,000
  • Date: 03/16/2022
  • Address: 894-896 Boston Post Road, Marlborough, MA
  • Market: Marlborough, MA

The loan for this transaction was provided by BEB Lending. The loan amount was $5,850,000, and it was a bridge loan type. The lender's representatives involved in the deal were Lee Brodsky, Keyvan Ghaytanchi, and Sean Silverbrook. Alec Neesham from Atlas Real Estate Capital served as the broker.

Players

Alec Neesham

Broker

$5.9M

vol

1 deal

Broker
BEB Capital
BEB Capital Lender

Marlborough Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

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Deal FAQ

About $64 per square foot on a published $5.9M for 90,849 square feet (2022).

Visit Alec Neesham to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.71%

Cash-on-Cash

-0.77%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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