facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Industrial

/

Sale

/

192 South St

Nick Slotje Acquires Industrial Asset From Scott Beebe In Hopkinton For $1.95M
SOLDIndustrial

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

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.

Players

Harrison Klein

Marcus & Millichap

Broker

$177.2M

vol

47 deals

Broker

Nick Slotje

Buyer
Buyer

Scott Beebe

Seller
Seller

Hopkinton 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

8.13%

Cash-on-Cash

-2.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93