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30 Bond St, Haverhill, Mass...

Legacy Real Estate Ventures Acquires Industrial Property In Haverhill, MA For $4.1M
SOLDIndustrial

Legacy Real Estate Ventures Acquires Industrial Property In Haverhill, MA For $4.1M

30 Bond St, Haverhill, Massachusetts, USA

$4,100,000

$107/SF

Building Size

38,000 SF

Asset Type

Industrial

Closing

Jun 25, 2020

AI

A 38,000-square-foot industrial property located at 30 Bond St. in Haverhill, MA, was recently sold for a total price of $4,100,000. The sale was completed on June 25, 2021. The property was acquired by Legacy Real Estate Ventures, LLC, with Jen Price representing the buyer. Nordlund Associates' Chris Everest acted as the broker in this transaction.

Summary of Transaction Details

  • Property Type: Industrial
  • Sale Price: $4,100,000
  • Square Footage: 38,000
  • Price per Square Foot: $108
  • Market: Haverhill, MA

Jen Price, representing Legacy Real Estate Ventures, LLC, successfully acquired the industrial property at 30 Bond St. in Haverhill, MA. The broker involved in the deal was Chris Everest from Nordlund Associates. This transaction highlights the collaboration between the buyer and their representative, showcasing their expertise in the industrial real estate market in Haverhill, MA.

Players

Christopher Everest

Nordlund Associates

Broker

$36.6M

vol

13 deals

Broker
Jen Price

Jen Price

Legacy Real Estate Ventures, LLC

Buyer

$17.6M

vol

4 deals

Buyer

Haverhill 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

3.87%

Cash-on-Cash

-1.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93