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
Mashpee Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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