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14 Wags Road, Mashpee, MA 0...

Aspen Blue LLC Acquires Industrial Property On Wags Road In Mashpee, MA For $1.55M
SOLDIndustrial

Aspen Blue LLC Acquires Industrial Property On Wags Road In Mashpee, MA For $1.55M

14 Wags Road, Mashpee, MA 02649

$1,550,000

$252/SF

Building Size

6,144 SF

Asset Type

Industrial

Closing

Jun 18, 2020

AI

An industrial property located at 14 Wags Road in Mashpee, MA was recently sold for a transaction amount of $1,550,000. The property spans a total area of 6,144 square feet, resulting in a price per square foot of $252. The sale was completed on June 18, 2021, and was facilitated by Jeremy Cyrier of MANSARD, who represented the buyer, Aspen Blue LLC.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $1,550,000
  • Address: 14 Wags Road, Mashpee, MA
  • Market: Mashpee, MA
  • Buyer: Aspen Blue LLC
  • Broker: Jeremy Cyrier - MANSARD
  • Square Footage: 6,144
  • Price per Square Foot: $252

Jeremy Cyrier of MANSARD played a crucial role in facilitating the sale of the industrial property at 14 Wags Road in Mashpee, MA. With an extensive understanding of the market and industry, Cyrier represented Aspen Blue LLC in successfully closing the transaction.

Players

Jeremy Cyrier

Broker

$45.6M

vol

12 deals

Broker

Mashpee 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

10.23%

Cash-on-Cash

-2.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93