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312 Main St, Hudson, Massac...

RBA Associates Acquires Industrial Property In Hudson, MA For $3.5M
SOLDIndustrial

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

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

Bret O'Brien

Greater Boston Commercial Properties

Broker

$62M

vol

13 deals

Broker

Hudson 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

4.59%

Cash-on-Cash

-1.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93