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109 Apremont Way, Westfield...

Jeremy Casey Of SR Commercial Realty Sells 3.6 Acre Industrial Property In Westfield, MA For $2.6M
SOLDIndustrial

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

$2,600,000

$43/SF

Building Size

60,156 SF

Asset Type

Industrial

Closing

Jul 7, 2022

AI

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.

Players

Jeremy Casey

SR Commercial Realty

Broker

$14.3M

vol

6 deals

Broker

Westfield Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.10%

Cash-on-Cash

-1.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93