Hoskin&Muir Sells Industrial Property In Whitinsville, MA For $4.2M
369 Douglas Road, Whitinsville, Massachusetts 01588, United States
$4,200,000
$124/SF
Building Size
33,745 SF
Asset Type
Industrial
Closing
Aug 11, 2022
AI
The industrial property located at 369 Douglas Rd in Whitinsville, MA has been sold for a transaction amount of $4,200,000. The property spans an area of 33,745 square feet, resulting in a price per square foot of $124. The seller of the property is Hoskin&Muir.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,200,000
- Address: 369 Douglas Rd
- Market: Whitinsville, MA
- Square Footage: 33,745 SF
The deal was facilitated by broker Rob Nahigian from Auburndale Realty Co on behalf of the seller, representing Hoskin&Muir.
Whitinsville 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