Updated Dec 21, 2023
The Conrad Group, Inc Secures $2.6M Industrial Sale In Chicopee, MA
1125 Sheridan Street, Chicopee, Massachusetts 01022, United States
$2,600,000
$65/SF
Building Size
39,600 SF
Asset Type
Industrial
Closing
Mar 31, 2022
About this deal
AI
The industrial property located at 1125 Sheridan St in Chicopee, MA has been sold. The property spans an area of 3.44 acres. The sale was facilitated by James McEvoy and Robert Conrad from The Conrad Group, Inc.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $2,600,000
- Square Footage: 39,600
- Price per Square Foot: $66
- Address: 1125 Sheridan St, Chicopee, MA
- Market: Chicopee, MA
The sale price for the property was $2,600,000. Spanning a total area of 39,600 square feet, the property was sold at a price per square foot of $66.
On the Map
$2,600,000
$65/SF
Industrial
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Players
Chicopee Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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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