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57 George Leven Dr North At...

ORH Capital Acquires Industrial Property In North Attleboro For $2.8M
SOLDIndustrial

ORH Capital Acquires Industrial Property In North Attleboro For $2.8M

57 George Leven Dr North Attleborough, MA 02760, USA

$2,800,000

Building Size

Asset Type

Industrial

Closing

Jun 23, 2023

AI

Located in North Attleboro, MA, the industrial property at 57 George Leven Drive has been sold in a recent transaction. The sale was facilitated by James Keefe of Greater Boston Commercial Properties, Inc, who represented the seller, Stahoo Properties. The buyer, ORH Capital, was represented by Hank Kenary. The property was sold for a total price of $2,800,000.

Summary of Transaction Details:

  • Property Type: Industrial
  • Sale Price: $2,800,000
  • Address: 57 George Leven Drive, North Attleboro, MA
  • Market: North Attleboro, MA

James Keefe of Greater Boston Commercial Properties, Inc. successfully facilitated the sale of 57 George Leven Drive. Stahoo Properties, the seller, commended Keefe for his accurate pricing, ability to generate multiple offers, effective negotiations, and quicker-than-expected closing. This transaction demonstrates Keefe's expertise in the North Attleboro industrial market.

Players

James Keefe

Greater Boston Commercial Properties

Broker

$42.9M

vol

16 deals

Broker

Hank Kenary

ORH Capital

Buyer

$5.6M

vol

2 deals

Buyer

Mark Lore

Stahoo Properties

Seller

$10.1M

vol

3 deals

Seller

Boston 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

5.67%

Cash-on-Cash

-1.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93