Updated Oct 29, 2024
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
About this deal
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.
On the Map
$2,800,000
Industrial
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Players
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