RBA Associates Acquires Industrial Property In Hudson, MA For $3.5M
312 Main St, Hudson, Massachusetts, USA
$3,455,000
$57/SF
Building Size
60,610 SF
Asset Type
Industrial
Closing
Oct 4, 2021
AI
An industrial property located at 312 Main St in Hudson, MA has been sold in a recent transaction. The property spans across 4.23 acres and was sold at a price of $3,455,000. The total square footage of the property is 60,610, resulting in a price per square foot of $57. The sale was finalized on October 4, 2021.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $3,455,000
- Square Footage: 60,610
- Price Per Square Foot: $57
- Address: 312 Main St, Hudson, MA
- Market: Hudson, MA
- Buyer: RBA Associates
- Seller: Main and Tower Properties, LLC - George Danis, Jody Hayward, & Jamie Shaw
- Buyer's Representative: Bret O’Brien - Greater Boston Commercial Properties, & Joel Aho - AHO Properties
- Seller's Representative: David Stubblebine, James Stubblebine, & Danny Cruz - The Stubblebine Company/CORFAC International
The buyer of the property is RBA Associates, while the seller is Main and Tower Properties, LLC represented by George Danis, Jody Hayward, and Jamie Shaw. The buyer's representatives in the deal are Bret O’Brien from Greater Boston Commercial Properties and Joel Aho from AHO Properties. On the other hand, the seller's representatives are David Stubblebine, James Stubblebine, and Danny Cruz from The Stubblebine Company/CORFAC International.
Players
Hudson Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.59%
Cash-on-Cash
-1.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93