Jeremy Casey Of SR Commercial Realty Sells 3.6 Acre Industrial Property In Westfield, MA For $2.6M
SOLD
$2,600,000
Massachusetts
See Similar DealsIndustrial60,156 SF
Sold 07/08/2022
SOLD
Jeremy Casey Of SR Commercial Realty Sells 3.6 Acre Industrial Property In Westfield, MA For $2.6M
109 Apremont Way, Westfield, Massachusetts 01085, United States
See Similar DealsIndustrial60,156 SF
Sold 07/08/2022
Summary
MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$43
Total Square Footage:60,156 SF
Transaction Type:Sale
The industrial property located at 109 Apremont Way in Westfield, MA has been sold. The property covers an area of 3.6 acres and is represented by Jeremy Casey of SR Commercial Realty. The transaction took place on 07/08/2022.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,600,000
- Square Footage: 60,156 SF
- Price Per Square Foot: $43
- Address: 109 Apremont Way, Westfield, MA
- Market: Westfield, MA
The sale price for the property was $2,600,000, with a total square footage of 60,156. This translates to a price per square foot of $43. Jeremy Casey, representing SR Commercial Realty, facilitated the transaction.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$138,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,237.24
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,325.33
Annual Debt Service$147,903.92
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