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138 West State Street, Gran...

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

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