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90 Cherry St Hudson, MA 017...

Aho Properties Sells Industrial Building On Cherry Street In Hudson, MA For $2.1M
SOLDIndustrial

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

Joel Aho

Aho Properties

Broker

$42.4M

vol

17 deals

Broker

Hudson 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

7.55%

Cash-on-Cash

-2.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93