facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Land

/

Sale

/

67 Pulaski St Peabody, Ma 0...

Pioneer Charter School Of Science II Acquires Land Parcels In Peabody & Danvers For $3.3M
SOLDLand

Pioneer Charter School Of Science II Acquires Land Parcels In Peabody & Danvers For $3.3M

67 Pulaski St Peabody, Ma 01960, Usa

$3,300,000

Building Size

Asset Type

Land

Closing

Aug 25, 2023

AI

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

Mitchell Rosenwald

Re/Max

Broker

$4M

vol

2 deals

Broker

Pulaski Land Market Snapshot

Boundary boundary · Land · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.81%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93