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Rajiv Motwane Acquires Orchard Hills Athletic Club In Lancaster For $8 Million With Kelleher & Sadowsky's Mark Johns & Tom Bodden As Seller's Representatives

Property Image
SOLD
$8,000,000
Tom Bodden
Mark Johns

Massachusetts

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Mixed-use55,080 SF
Sold 10/29/2024
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Property Image
SOLD

Rajiv Motwane Acquires Orchard Hills Athletic Club In Lancaster For $8 Million With Kelleher & Sadowsky's Mark Johns & Tom Bodden As Seller's Representatives

100 Duvol Road

See Similar Deals
Mixed-use55,080 SF
Sold 10/29/2024
Tom Bodden
Mark Johns
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:Mixed-use
Price Per Square Foot:$145
Total Square Footage:55,080 SF
Transaction Type:Sale

The property asset involved in the transaction is a mixed-use facility located at 100 Duvol Road, Lancaster, MA. It has a sale price of $8,000,000 and encompasses a total square footage of 55,080. The facility is recognized for its extensive athletic offerings across over 18 acres, including a main building with an attached 25,000 square foot bubble housing tennis courts.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $8,000,000
  • Buyer: Rajiv Motwane
  • Seller’s Representative: Mark Johns & Tom Bodden - Kelleher & Sadowsky Associates
  • Location: 100 Duvol Road, Lancaster, MA
  • Total Square Footage: 55,080
  • Price Per Square Foot: $145

The transaction was facilitated by Kelleher & Sadowsky, with Mark Johns leading the business brokerage group along with Thomas Bodden, who represented the seller in this deal. The new owner aims to maintain the established standards of Orchard Hills Athletic Club while further expanding its services and offerings.

Players

Tom Bodden
Kelleher & Sadowsky
Tom Bodden
4 deals$9.9M volume(774) 214-6225
BROKER
Mark Johns
Kelleher & Sadowsky
Mark Johns
1 deal$8M volume(508) 826-6527
BROKER

Details

SOLD
IMAGE: Mark Johns & Tom Bodden DATE: 10/29/2024 ADDRESS: 100 Duvol Road MARKET: Lancaster, MA ASSET TYPE: Mixed-use BUYER: Rajiv Motwane SELLER'S REP: Mark Johns & Tom Bodden - Kelleher & Sadowsky Associates SALE PRICE: $8,000,000 SF: 55,080 ~ PPSF: $145 NOTE FROM BROKER: Kelleher & Sadowsky announced today the successful sale of the Orchard Hills Athletic Club business and all of its facilities, located at 100 Duval Road in Lancaster Massachusetts. The real estate was sold for $8,000,000 and the business was sold for an undisclosed amount. Mark Johns, leader of Kelleher & Sadowsky’s business brokerage group and Thomas Bodden brokered the deal on behalf of the seller. Orchard Hills Athletic Club has been recognized as a best-in-class athletic facility for over 35 years, with services and facilities including but not limited to indoor and outdoor pools for swim lessons, summer camps, team practices, tennis courts, basketball courts, full gym, physical therapy, personal training, a cheerleading school, racquetball courts, yoga studio, and more. Orchard Hills Athletic Club sits on over 18 acres and the main building is a sprawling 55,080 square feet with an attached 25,000 square foot bubble that houses the club’s tennis courts. The new owner of OHAC plans to keep the legacy and high standards of operation at OHAC in place, while growing the business and expanding services further. Kelleher & Sadowsky specializes in commercial real estate brokerage throughout Central Massachusetts and New England; Core brokerage services include landlord/seller representation, tenant/buyer representation, mortgage brokerage, capital markets, and business brokerage.

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