Updated Oct 29, 2024
Dynavac Acquires Industrial Property In Pembroke, MA For $4.2M
708 Washington Street, Pembroke, MA, USA
$4,165,000
$59/SF
Building Size
70,000 SF
Asset Type
Industrial
Closing
Nov 26, 2020
About this deal
AI
The industrial property located at 708 Washington Street in Pembroke, MA has been sold. The property spans a total area of 70,000 square feet, with a sale price of $4,165,000. The price per square foot comes out to be $60, indicating a fair deal in the market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,165,000
The seller of the property was Conrad Group, while the buyer was Dynavac. Representing the seller, James McEvoy from Conrad Group facilitated the transaction. On the buyer's side, Linda Houllahan from Jacob Realty acted as the buyer's representative.
Players
Pembroke 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
3.81%
Cash-on-Cash
-1.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93