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50 Holton Street, Woburn, M...

DMG Realty, LLC Acquires Industrial Property In Woburn, MA For $1.72M
SOLDIndustrial

DMG Realty, LLC Acquires Industrial Property In Woburn, MA For $1.72M

50 Holton Street, Woburn, MA, USA

$1,720,000

$147/SF

Building Size

11,700 SF

Asset Type

Industrial

Closing

Aug 6, 2020

AI

The industrial property located at 50 Holton Street in Woburn, MA has been sold for a price of $1,720,000. This transaction took place on 08/06/2021. The property spans across a total square footage of 11,700, resulting in a price per square foot of $147.

Summary of Transaction Details

  • Property Type: Industrial
  • Transaction Amount: $1,720,000
  • Address: 50 Holton Street, Woburn, MA
  • Market: Woburn, MA

The seller of the property was Holton Street Trust, while the buyer was DMG Realty, LLC. The seller was represented by Micah Stubblebine from The Stubblebine Company/CORFAC International, and the buyer was represented by Lina Verderese from Showcase of Homes.

Players

Micah Stubblebine

The Stubblebine Company

Broker

$132.1M

vol

16 deals

Broker

Woburn 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

9.22%

Cash-on-Cash

-2.64%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93