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138 West State Street, Gran...

Updated Dec 21, 2023

Marcus & Millichap Brokers Facilitate Sale Of Self-Storage Facility In Granby, MA
SOLDIndustrial

Marcus & Millichap Brokers Facilitate Sale Of Self-Storage Facility In Granby, MA

138 West State Street, Granby, Massachusetts 01033, United States

Building Size

34,250 SF

Asset Type

Industrial

Closing

Jan 31, 2022

About this deal

AI

Located at 138 W State St in Granby, MA, this self-storage property was recently sold in a closed transaction. The property spans across 34,250 square feet, offering ample space for storing personal belongings.

Summary of transaction details:

  • Property Type: Self-Storage
  • Transaction Amount: Not specified
  • Market: Granby, MA

The sale of this self-storage property was facilitated by the brokers Luke Dawley, Nathan Coe, Brett R. Hatcher, and Gabriel Coe from Marcus & Millichap. They represented the parties involved in this transaction, ensuring a smooth and successful deal.

Players

Gabriel Coe

Marcus & Millichap

Broker

$67.2M

vol

9 deals

Broker

Granby 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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