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Aho Properties Sells Industrial Building On Cherry Street In Hudson, MA For $2.1M
SOLD
$2,100,000
Massachusetts
See Similar DealsIndustrial
Sold 09/01/2023
SOLD
Aho Properties Sells Industrial Building On Cherry Street In Hudson, MA For $2.1M
90 Cherry St Hudson, MA 01749, USA
See Similar DealsIndustrial
Sold 09/01/2023
Summary
MASSACHUSETTS
Asset Type:Industrial
Transaction Type:Sale
A 29,236-square-foot, two-story industrial building located at 90 Cherry St has been sold in an off-market transaction in Hudson, MA. The property was acquired for $2.1 million.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,100,000
- Address: 90 Cherry Street, Hudson, MA
- Market: Hudson, MA
Joel Aho, President of Aho Properties, oversaw the off-market sale of the industrial building at 90 Cherry St. Aho Properties facilitated the acquisition of the property, demonstrating their expertise in the industrial real estate market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$112,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,460.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,955.07
Annual Debt Service$119,460.86
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