Updated Dec 21, 2023
Francisco Marte Acquires Industrial Property In Dorchester Center For $1.4M
31 Hannon St, Dorchester Center, MA, USA
$1,435,000
$143/SF
Building Size
9,972 SF
Asset Type
Industrial
Closing
May 18, 2021
About this deal
AI
The industrial property located at 31 Hannon St in Dorchester Center, MA, has been sold in a recent transaction. The property spans 9,972 square feet and was sold for a total price of $1,435,000, resulting in a price per square foot of $144.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,435,000
- Address: 31 Hannon St, Dorchester Center, MA
- Market: Dorchester Center, MA
- Seller: Brendan Feeney
- Buyer: Francisco Marte
- Square Feet: 9,972
- Price per Square Foot: $144
Brendan Feeney served as the seller of the property, while Francisco Marte acted as the buyer in this transaction.
Players
Dorchester Center 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
11.05%
Cash-on-Cash
-3.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93