Updated Feb 12, 2025
Venture Community Services Acquires Industrial Asset From Lois Foshay In Dudley For $2.6M
3 Foshay Road
$2,600,000
$135/SF
Building Size
19,130 SF
Asset Type
Industrial
Closing
Jan 1, 2025
About this deal
AI
The property asset involved in this transaction is an industrial facility located at 3 Foshay Road in Dudley, MA. The sale price was $2,600,000 for a total square footage of 19,130, translating to a price per square foot of $135.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,600,000
- Address: 3 Foshay Road
- Market: Dudley, MA
- Square Feet: 19,130
- Price per Square Foot: $135
- Buyer: Venture Community Services
- Seller: Lois Foshay
- Brokers: James Glickman, James Keogh & Cody Miner - NAI Global
The deal was facilitated by brokers James Glickman, James Keogh, and Cody Miner, who represent the interests of both the buyer, Venture Community Services, and the seller, Lois Foshay, in this transaction.
Players
Dudley 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
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93