Daily limit: 0/10
Pioneer Charter School Of Science II Acquires Land Parcels In Peabody & Danvers For $3.3M
SOLD
$3,300,000
Massachusetts
See Similar DealsLand
Sold 08/25/2023
SOLD
Pioneer Charter School Of Science II Acquires Land Parcels In Peabody & Danvers For $3.3M
67 Pulaski St Peabody, Ma 01960, Usa
See Similar DealsLand
Sold 08/25/2023
Summary
MASSACHUSETTS
Asset Type:Land
Transaction Type:Sale
Pioneer Charter School of Science II has acquired land parcels at 67 Pulaski St. in Peabody and 175 Water St. in Danvers for a total sale price of $3,300,000. This transaction was facilitated by Burgess Properties, with Mitchell Rosenwald representing the seller and Steve Nohrden representing the buyer.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $3,300,000
- Address: 67 Pulaski St & 175 Water St
- Market: Peabody & Danvers, MA
Burgess Properties played a key role in the successful sale of the land parcels at 67 Pulaski St. in Peabody and 175 Water St. in Danvers. Mitchell Rosenwald from Remax represented the seller, while Steve Nohrden from Burgess Properties represented the buyer, Pioneer Charter School of Science II.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$175,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,724.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,643.68
Annual Debt Service$187,724.20
Is there something missing? Send suggestions