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6 Jefferson Avenue, Woburn,...

Bomas Machine Acquires Industrial Property In Woburn, MA For $1.9M
SOLDIndustrial

Bomas Machine Acquires Industrial Property In Woburn, MA For $1.9M

6 Jefferson Avenue, Woburn, Massachusetts 01801, United States

$1,900,000

$237/SF

Building Size

8,000 SF

Asset Type

Industrial

Closing

May 11, 2022

AI

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.

Players

Ellen Garthoff

The Stubblebine Company

Broker

$33.7M

vol

4 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

8.35%

Cash-on-Cash

-2.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93