LSREP Acquisitions Acquires Industrial Property In North Attleboro, MA For $5.3M
SOLD
Massachusetts
See Similar DealsIndustrial37,954 SF
Sold 09/28/2023
SOLD
LSREP Acquisitions Acquires Industrial Property In North Attleboro, MA For $5.3M
87 John Dietsch Square
See Similar DealsIndustrial37,954 SF
Sold 09/28/2023
Summary
MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$139
Total Square Footage:37,954 SF
Transaction Type:Sale
An industrial property located at 87 John Dietsch Square in North Attleboro, MA has been sold for a price of $5,300,000. The property spans across 37,954 square feet with a price per square foot of $140.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $5,300,000
- Address: 87 John Dietsch Square, North Attleboro, MA
- Market: North Attleboro, MA
- Square Footage: 37,954
- Price Per Square Foot: $140
The buyer in this transaction was LSREP Acquisitions, while the seller was Rob Donovan. Representing the seller were Adam Meixner, David Linehan, Tyler Capecci, Meghan Huebner, and Jeremy Freid from 128 CRE.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$282,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,829.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,124.70
Annual Debt Service$301,496.45
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