facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Industrial

/

Sale

/

109 Central Avenue, Ayer, M...

Platt Builders Inc Acquires Industrial Property In Ayer, MA For $3.3M
SOLDIndustrial

Platt Builders Inc Acquires Industrial Property In Ayer, MA For $3.3M

109 Central Avenue, Ayer, Massachusetts 01432, United States

$3,300,000

$126/SF

Building Size

26,134 SF

Asset Type

Industrial

Closing

Oct 20, 2022

AI

The industrial property located at 109 Central Avenue in Ayer, MA has been sold. The property encompasses a total area of 26,134 square feet. The transaction took place on October 21, 2022, with a sale price of $3,300,000, resulting in a price per square foot of $126. The buyer, Platt Builders Inc, acquired the property from the seller, Ayer Moving & Storage.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,300,000
  • Square Footage: 26,134
  • Price per Square Foot: $126
  • Address: 109 Central Avenue, Ayer, MA
  • Market: Ayer, MA

The deal was facilitated by James Stubblebine and Micah Stubblebine of The Stubblebine Company / CORFAC International, who served as the brokers for both the buyer and the seller. Their expertise and services played a crucial role in finalizing the transaction. The involvement of these representatives ensured a smooth and successful sale of the industrial property.

Players

James Stubblebine

The Stubblebine Company

Broker

$246.4M

vol

36 deals

Broker

Ayer 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

4.81%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93