Updated Sep 9, 2024
Aho Properties Sells Industrial Property In Westborough, MA For $1.5M
62 Hopkinton Road, Westborough, Massachusetts 01581, United States
$1,537,000
$62/SF
Building Size
24,696 SF
Asset Type
Industrial
Closing
Jul 7, 2022
About this deal
AI
The industrial property located at 62 Hopkinton Road in Westborough, MA has recently been sold for a price of $1,537,000. Joel Aho from Aho Properties represented the deal as the broker.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,537,000
- Date: 07/08/2022
- Square Footage: 24,696
- Price per Square Foot: $62
- Address: 62 Hopkinton Road, Westborough, MA
- Market: Westborough, MA
- Asset Type: Industrial
- Acres: 2.78
Joel Aho from Aho Properties played a key role as the broker for this transaction.
Players
Westborough 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
10.32%
Cash-on-Cash
-2.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93