Harold Brothers Realty LLC Acquires Industrial Building In Weymouth MA From Avventura Realty LLC For $3.3M
144 Moore Road
$3,300,000
$200/SF
Building Size
16,500 SF
Asset Type
Industrial
Closing
Dec 20, 2024
AI
The industrial property located at 144 Moore Road in Weymouth, MA, encompasses an area of 16,500 square feet. The transaction involved the sale of the building for $3.3 million, translating to a price per square foot of $200. This property includes an air-conditioned office/warehouse facility, equipped with five dock doors and two drive-in doors.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,300,000
- Buyer's Name: Harold Brothers Realty, LLC
- Seller's Name: Avventura Realty, LLC
- Buyer's Representative: Rick Schuhwerk - Newmark
- Seller's Representative: James McEvoy - Conrad Group
- Square Footage: 16,500
- Price per Square Foot: $200
Rick Schuhwerk, representing Harold Brothers Realty, LLC, and James McEvoy, representing Avventura Realty, LLC, facilitated the transaction. The deal highlights the engagement of both firms in the industrial real estate market within the Weymouth area.
East Weymouth 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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93