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InterAuto Corp Acquires Industrial Asset In Plainville, MA For $2M

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SOLD
$2,000,000

Massachusetts

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Industrial4,800 SF
Sold
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Property Image
SOLD

InterAuto Corp Acquires Industrial Asset In Plainville, MA For $2M

171 Washington Street

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Industrial4,800 SF
Sold
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Summary

MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$416
Total Square Footage:4,800 SF
Transaction Type:Sale

The industrial property located at 171 Washington Street in Plainville, MA, was sold for $2,000,000. Spanning 4,800 square feet, the property was sold at a price per square foot of $417. The sale was facilitated by Matty Drouillard and James Stubblebine from The Stubblebine Company representing the buyer, InterAuto Corp, with Daniel J. Waldman from Waldman & Associates acting as the seller's representative.

Summary of transaction details:

Matty Drouillard and James Stubblebine from The Stubblebine Company collaborated in representing the buyer, InterAuto Corp, in the property transaction at 171 Washington Street. On the other hand, Daniel J. Waldman of Waldman & Associates provided representation for the seller in this successful deal.

Players

James Stubblebine
36 deals$246.4M volume
BROKER

Daniel J. Waldman
Waldman & Associates
13 deals$61.6M volume(781) 492-1586
BROKER

Matty Drouillard
The Stubblebine Company
9 deals$45.1M volume(425) 691-7881
BROKER

Details

SOLD
IMAGE: Matty Drouillard, James Stubblebine & Daniel J. Waldman DATE: 05/29/2024 ADDRESS: 171 Washington Street MARKET: Plainville, MA ASSET TYPE: Industrial BUYER: InterAuto Corp BROKERS: Matty Drouillard (@MattyD3636_) & James Stubblebine (@James.Stubblebine) - The Stubblebine Company (@StubblebineCompanyCRE) SELLER'S REP: Daniel J. Waldman - Waldman & Associates SALE PRICE: $2,000,000 SF: 4,800 ~ PPSF: $417

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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