Arthur Anthony Acquires Industrial Property In Maynard, MA For $1.575M
SOLD
$1,575,000
Massachusetts
See Similar DealsIndustrial15,000 SF
Sold 05/22/2023
SOLD
Arthur Anthony Acquires Industrial Property In Maynard, MA For $1.575M
63 Great Rd Maynard, MA 01754, USA
See Similar DealsIndustrial15,000 SF
Sold 05/22/2023
Summary
MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$105
Total Square Footage:15,000 SF
Transaction Type:Sale
The industrial property located at 63 Great Road in Maynard, MA has been sold in a recent transaction. The property spans 15,000 square feet and was sold for a total price of $1,575,000, translating to a price per square foot of $105.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,575,000
- Address: 63 Great Road, Maynard, MA
- Market: Maynard, MA
The buyer of the property is Arthur Anthony, while the seller is Matthew Blackham. Nate Nickerson, representing the seller, played a role as the seller's representative in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$84,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,595.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,466.30
Annual Debt Service$89,595.64
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