David Costa Acquires Industrial Property On 4 Marc Road In Medway For $2.85M
4 Marc Rd, Medway, MA 02053, USA
$2,850,000
$9/SF
Building Size
288,620 SF
Asset Type
Industrial
Closing
Sep 10, 2020
AI
The industrial property located at 4 Marc Road in Medway, MA has been sold for a price of $2,850,000. The property spans across 28,862 square feet with a price per square foot of $99.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,850,000
- Address: 4 Marc Road, Medway, MA
- Market: Medway, MA
The seller of the property was 4 Marc Road, LLC, while the buyer was David Costa. The brokers involved in the transaction were Bret O’Brien and Ben Gatti, representing Boston Commercial Properties, Inc.
Players
Medway 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
5.57%
Cash-on-Cash
-1.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93