Jonathan Hyde, Jon O’Donnell, & Michael Coskren - Oliver Street Capital Acquires 62,200 SF Industrial Property In Woburn, MA For $9.5M
8 Roessler Road, Woburn, MA, USA
$9,500,000
$152/SF
Building Size
62,200 SF
Asset Type
Industrial
Closing
Dec 8, 2020
AI
Located at 8 Roessler Road in Woburn, MA, this industrial property was recently sold in a closed transaction. The property spans approximately 62,200 square feet, with a sale price of $9,500,000. The price per square foot was calculated to be $152.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $9,500,000
The seller of the property was David A. Larson, representing Atlantic Plywood. The buyer was a group consisting of Jonathan Hyde, Jon O’Donnell, and Michael Coskren, who are affiliated with Oliver Street Capital. The brokerage services for this deal were provided by Ben Roopenian from JLL.
Players
Woburn 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
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93