Updated Oct 28, 2024
Montvale & Jefferson LLC Acquires Industrial Property On Blueberry Hill Road In Woburn, MA For $3.6M
90 Blueberry Hill Road, Woburn, Massachusetts 01801, United States
$3,565,000
Building Size
—
Asset Type
Industrial
Closing
Sep 29, 2022
About this deal
AI
Montvale & Jefferson LLC has acquired an industrial property located at 90 Blueberry Hill Road in Woburn, MA. The property spans approximately 1.89 acres and was sold by 90 Blueberry LLC. The transaction was facilitated by brokers Micah Stubblebine, James Stubblebine, Aaron Smith, and Ellen Garthoff from The Stubblebine Company. The sale took place on September 30, 2022, for a total price of $3,565,000.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,565,000
- Address: 90 Blueberry Hill Road, Woburn, MA
- Market: Woburn, MA
- Acres: 1.89
This acquisition marks an important step for Montvale & Jefferson LLC in expanding its industrial property portfolio. The involvement of brokers Micah Stubblebine, James Stubblebine, Aaron Smith, and Ellen Garthoff from The Stubblebine Company highlights their expertise in facilitating successful transactions in the Woburn, MA market.
On the Map
$3,565,000
Industrial
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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
4.45%
Cash-on-Cash
-1.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93