Tosca Drive LLC Acquires 78,000 SF Industrial Property In Stoughton, MA For $4.2M
31 Tosca Drive, Stoughton, MA, USA
$4,200,000
$53/SF
Building Size
78,000 SF
Asset Type
Industrial
Closing
Jul 16, 2020
AI
Located in Stoughton, MA, the industrial property at 31, 117, and 131 Tosca Drive has recently been sold for a price of $4,200,000. The property spans an impressive 78,000 square feet, resulting in a price per square foot of $538. The sale took place on July 17, 2020.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,200,000
- Square Footage: 78,000 sqft
- Address: 31, 117 & 131 Tosca Drive, Stoughton, MA
- Market: Stoughton, MA
Tosca Drive LLC, represented by Hadrien Salin, acted as the buyer in this transaction. The buyer was assisted by David Stubblebine, James Stubblebine, and David Skinner from Stubblebine Company. On the other hand, Mark Donahue from Donahue Associates served as the seller's representative.
With its significant square footage and prime location in Stoughton, this industrial property proved to be an attractive investment opportunity.
Players
Stoughton 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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93