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
Pulaski Land Market Snapshot
Boundary boundary · Land · Sale transactions
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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