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Milton CAT Acquires Industrial Building At 210 New Boston Street In Woburn For $6.9M
SOLD
$6,900,000
Massachusetts
See Similar DealsIndustrial24,000 SF
Sold
SOLD
Milton CAT Acquires Industrial Building At 210 New Boston Street In Woburn For $6.9M
210 New Boston Street
See Similar DealsIndustrial24,000 SF
Sold
Summary
MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$287
Total Square Footage:24000 SF
Transaction Type:Sale
An industrial building located at 210 New Boston Street in Woburn, MA, has been sold for $6,900,000. The property encompasses 24,000 square feet, with a price per square foot of $288.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $6,900,000
- Square Footage: 24,000 sf
- Price Per Square Foot: $288
- Address: 210 New Boston Street
- Market: Woburn, MA
The transaction was brokered by Aaron Smith, James Stubblebine, and David Stubblebine from The Stubblebine Company, with Milton CAT identified as the buyer in this deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$367,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$24,514.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$32,709.52
Annual Debt Service$392,514.24
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