Updated Oct 29, 2024
Equity Industrial Partners Acquires Industrial Properties In Randolph, MA For $6.7M
9 York Avenue, Randolph, MA, USA
$6,725,000
Building Size
—
Asset Type
Industrial
Closing
Mar 4, 2021
About this deal
AI
An industrial property located at 9 York Avenue, 11 York Avenue, and 208 High Street in Randolph, MA was recently sold for a total of $6,725,000. The property was acquired by Equity Industrial Partners from Sterling Trust. The transaction took place on 03/05/2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $6,725,000
- Address: 9 York Avenue, 11 York Avenue, & 208 High Street, Randolph, MA
- Market: Randolph, MA
The sellers were represented by James McEvoy and Robert Conrad from The Conrad Group, while Tyler McGrail from Newmark Knight Frank acted as the buyer's representative.
On the Map
$6,725,000
Industrial
View full map
Players
Randolph Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Massachusetts industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.36%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93