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Berardi Properties LLC Acquires Industrial Property In North Attleborough, MA For $5M

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SOLD
$5,000,000

Massachusetts

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Industrial
Sold 06/17/2022
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Property Image
SOLD

Berardi Properties LLC Acquires Industrial Property In North Attleborough, MA For $5M

200 John Dietsch Boulevard, North Attleboro, Massachusetts 02763, United States

See Similar Deals
Industrial
Sold 06/17/2022
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Summary

MASSACHUSETTS
Asset Type:Industrial
Transaction Type:Sale

An industrial property located at 200 John L Dietsch Blvd in North Attleborough, MA has been sold for $5,000,000. The transaction took place on June 17, 2022.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $5,000,000
  • Address: 200 John L Dietsch Blvd, North Attleborough, MA
  • Market: North Attleborough, MA

The buyer of the property is Berardi Properties LLC, while the seller is DUMA 200 LLC. Dave Linehan from 128CRE represented the buyer, Berardi Properties LLC, in the transaction. Dan Gardner from DMG Brokerage represented the seller, DUMA 200 LLC.

Players

Dave Linehan
1 deal$5M volume
BROKER

Dan Gardner
DMG Brokerage
5 deals$18.8M volume
BROKER

Details

SOLD
IMAGE: Dan Gardner & Dave Linehan DATE: 06/17/2022 ADDRESS: 200 John L Dietsch Blvd MARKET: North Attleborough, MA ASSET TYPE: Industrial BUYER: Berardi Properties LLC SELLER: DUMA 200 LLC BUYER'S REP: Dave Linehan - 128CRE (@128CRE) SELLER'S REP: Dan Gardner - DMG Brokerage (@DMGBrokerage) SALE PRICE: $5,000,000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$266,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,763.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,702.55
Annual Debt Service$284,430.61