Updated Oct 28, 2024
Brendan Carroll Sells Industrial Property In Marlborough, MA For $1.25M
12 Airport Boulevard, Marlborough, Massachusetts 01752, United States
$1,250,000
$250/SF
Building Size
5,000 SF
Asset Type
Industrial
Closing
May 12, 2022
About this deal
AI
Located at 12-120 Airport Blvd in Marlborough, MA, this industrial property was recently sold in a closed transaction. The property covers an area of 5,000 square feet and was sold for a price of $1,250,000, resulting in a price per square foot of $250. The seller in this transaction was Brendan Carroll, representing Capital Group Properties.
Summary of Transaction Details:
- Property Type: Industrial
- Transaction Amount: $1,250,000
- Address: 12-120 Airport Blvd, Marlborough, MA
- Market: Marlborough, MA
- Square Footage: 5,000
- Price per Square Foot: $250
Brendan Carroll, from Capital Group Properties, acted as the seller's representative in this transaction. This sale transaction provides a great opportunity for the buyer to invest in an industrial property in Marlborough, MA.
Players
Marlborough 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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93