facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Industrial

/

Sale

/

5 Industrial Dr, Mattapoise...

Marcus & Millichap Sells 147.4K SF Industrial Property In Mattapoisett, MA For $9.92M
SOLDIndustrial

Marcus & Millichap Sells 147.4K SF Industrial Property In Mattapoisett, MA For $9.92M

5 Industrial Dr, Mattapoisett, Ma 02739

$9,922,500

$67/SF

Building Size

147,444 SF

Asset Type

Industrial

Closing

Aug 22, 2023

AI

A 147,444-square-foot industrial property located at 5 Industrial Drive in Mattapoisett, Massachusetts, has been sold for $9,922,500 to a private investor. The property was listed by Laurie Ann "L.A." Drinkwater and Seth Richard of Marcus & Millichap.

Summary of transaction details

  • Property Type: Industrial
  • Sale Price: $9,922,500
  • Size: 147,444 square feet
  • Price per Square Foot: $67
  • Address: 5 Industrial Drive, Mattapoisett, MA
  • Market: Mattapoisett, MA

Marcus & Millichap facilitated the sale of the industrial property in Mattapoisett. The deal was successfully closed with the assistance of Laurie Ann "L.A." Drinkwater and Seth Richard, who represented the buyer and seller in the transaction. The property's size and favorable location in the market contributed to its appeal to the private investor. The acquisition of this industrial property presents a promising opportunity for the new owner.

Players

Laurie Ann Drinkwater

Marcus & Millichap

Broker

$75M

vol

13 deals

Broker

Industrial 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

1.60%

Cash-on-Cash

-0.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93