Bomas Machine Acquires Industrial Property In Woburn, MA For $1.9M
SOLD
$1,900,000
Massachusetts
See Similar DealsIndustrial8,000 SF
Sold 05/12/2022
SOLD
Bomas Machine Acquires Industrial Property In Woburn, MA For $1.9M
6 Jefferson Avenue, Woburn, Massachusetts 01801, United States
See Similar DealsIndustrial8,000 SF
Sold 05/12/2022
Summary
MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$237
Total Square Footage:8,000 SF
Transaction Type:Sale
An industrial property located at 6 Jefferson Ave in Woburn, MA has been sold. The property spans 8,000 square feet and was sold for a price of $1,900,000, resulting in a price per square foot of $238.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,900,000
- Address: 6 Jefferson Ave, Woburn, MA
- Market: Woburn, MA
The buyer of the property is Bomas Machine, while the seller is ServiceMaster by Gaudet. The deal was facilitated by Harrison Piper and Ellen Garthoff from The Stubblebine Company.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$101,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,750.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,006.97
Annual Debt Service$108,083.63
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