Updated Jul 28, 2025
Nick Slotje Acquires Industrial Asset From Scott Beebe In Hopkinton For $1.95M
192 South St
$1,950,000
$162/SF
Building Size
12,000 SF
Asset Type
Industrial
Closing
Jun 28, 2024
About this deal
AI
The property asset involved in this transaction is an industrial facility located at 192 South St in the market of Hopkinton. The sale occurred for a total price of $1,950,000.00, encompassing a total square footage of 12,000.0.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,950,000.00
- Address: 192 South St
- Market: Hopkinton
- Square Footage: 12,000.0
- Buyer: Nick Slotje
- Seller: Scott Beebe
- Broker: Michael Grant
- Broker: Harrison Klein, Marcus & Millichap
- Date of Sale: 06/28/2024
This transaction highlights the roles of key individuals involved in the deal, with Nick Slotje as the buyer and Scott Beebe as the seller. The deal was managed by brokers Michael Grant and Harrison Klein, representing their respective firms in the transaction.
On the Map
$1,950,000
$162/SF
Industrial
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Players
Hopkinton 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
8.13%
Cash-on-Cash
-2.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93