Cedar’s Mediterranean Foods Acquires Industrial Property In Haverhill, MA For $3.1M
73 Ward Hill Avenue, Haverhill, Massachusetts 01835, United States
$3,100,000
$173/SF
Building Size
17,876 SF
Asset Type
Industrial
Closing
Jun 13, 2022
AI
Located at 73 Ward Hill Ave in Haverhill, MA, this industrial property was recently sold in a transaction facilitated by Rick Bartley & Anthony Triglione of Nordlund Associates. The property has a total square footage of 17,876 and sold for $3,100,000, resulting in a price per square foot of $173. The buyer of the property is Cedar's Mediterranean Foods, Inc, while Wicklow Realty, LLC acted as the seller.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,100,000
- Address: 73 Ward Hill Ave, Haverhill, MA
- Square Footage: 17,876
- Buyer: Cedar's Mediterranean Foods, Inc
- Seller: Wicklow Realty, LLC
- Seller's Representative: Rick Bartley & Anthony Triglione - Nordlund Associates
This sale transaction demonstrates the market activity in the industrial sector of Haverhill, MA. It highlights the successful collaboration between Cedar's Mediterranean Foods, Inc as the buyer and Wicklow Realty, LLC as the seller. Nordlund Associates, represented by Rick Bartley & Anthony Triglione, played a crucial role in facilitating the deal. This transaction showcases the considerable demand and value of industrial properties in the area.
Players
Haverhill 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
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93