Aho Properties Sells Industrial Building On Cherry Street In Hudson, MA For $2.1M
90 Cherry St Hudson, MA 01749, USA
$2,100,000
Building Size
—
Asset Type
Industrial
Closing
Sep 1, 2023
AI
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.
Players
Hudson Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93