Updated Dec 20, 2023
Lincoln Property Company And Cara Real Estate Acquire Industrial Property In Westborough, MA For $20.6M
125 Fisher St, Westborough, Massachusetts 01581, United States
$20,575,000
$103/SF
Building Size
198,000 SF
Asset Type
Industrial
Closing
Jan 4, 2022
About this deal
AI
125 Fisher St in Westborough, MA has been sold in a recent industrial property transaction. The property sits on 25 acres of land, making it a substantial asset in the area.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $20,575,000
- Square Footage: 198,000
- Price per Square Foot: $104
- Date of Transaction: 01/04/2022
- Market: Westborough, MA
The buyer in this deal is Lincoln Property Company, represented by Scott Faber, along with Cara Real Estate GmbH, represented by Klaus Schupp. It's worth noting that this transaction involved two companies working together to acquire the property.
Players
Westborough 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
0.77%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93