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Aho Properties Represents Seller In $1.35M Industrial Sale At 5 Granite Road Acton MA
SOLD
$1,350,000
Massachusetts
See Similar DealsIndustrial10,920 SF
Sold 12/20/2024
SOLD
Aho Properties Represents Seller In $1.35M Industrial Sale At 5 Granite Road Acton MA
5 Granite Road
See Similar DealsIndustrial10,920 SF
Sold 12/20/2024
Summary
MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$123
Total Square Footage:10,920 SF
Transaction Type:Sale
A 10,920-square-foot industrial building situated on 1.28 acres has been sold at 5 Granite Road in Acton, MA. The transaction was completed for $1.35 million, reflecting a price per square foot of $124.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,350,000
- Address: 5 Granite Road, Acton, MA
- Acres: 1.28
- Square Footage: 10,920
- Price per Square Foot: $124
Joel Aho and Max Geesey of Aho Properties represented the seller in this transaction, facilitating the closing process for the sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$72,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,796.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,399.69
Annual Debt Service$76,796.26
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