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676 Pleasant St, Attleboro,...

Papantoniadis Properties Acquires Industrial Property In Attleboro For $1.7M
SOLDIndustrial

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

Mark Kearins

Broker

$5.1M

vol

3 deals

Broker

Attleboro Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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