Papantoniadis Properties Acquires Industrial Property In Attleboro For $1.7M
676 Pleasant St, Attleboro, Massachusetts, USA
$1,725,000
$119/SF
Building Size
14,390 SF
Asset Type
Industrial
Closing
Sep 16, 2021
AI
The industrial property located at 676 Pleasant St in Attleboro, MA has been sold. The property spans 2.36 acres and was purchased for a price of $1,725,000. It has a total area of 14,390 square feet, resulting in a price per square foot of $120. The transaction took place on September 17, 2021.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $1,725,000
- Address: 676 Pleasant St, Attleboro, MA
- Market: Attleboro, MA
- Acres: 2.36
- Price per Acre (PPA): $730,932
- Square Footage: 14,390
- Price per Square Foot (PPSF): $120
Papantoniadis Properties, LLC acquired the property from Pleasant Auto Center, LLC. The transaction was facilitated by brokers James Kearins and Mark Kearins from Atlantic Commercial Real Estate. They represented the respective parties involved in the deal.
Players
Attleboro 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
9.20%
Cash-on-Cash
-2.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93