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.
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