Updated Dec 4, 2024
Joe Curran Acquires Mixed-Use Property At 184 West Main Street From Skye Enterprises For $4.625M
184 West Main Street
$4,625,000
$162/SF
Building Size
28,515 SF
Asset Type
Mixed-use
Closing
Jul 16, 2024
About this deal
AI
The property asset involved in this transaction is a mixed-use building located at 184 West Main Street in Norton, MA. The transaction was completed on July 16, 2024, at a sale price of $4,625,000. The total square footage of the asset is 28,515, which translates to a price per square foot of $162.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $4,625,000
- Sale Date: July 16, 2024
- Address: 184 West Main Street
- Market: Norton, MA
- Square Footage: 28,515
- Price Per Square Foot: $162
- Buyer: Joe Curran
- Seller: Skye Enterprises
- Broker: Robert W. Phinney, III - Atlantic Properties
Key individuals involved in this transaction include Joe Curran as the buyer and Skye Enterprises as the seller. The deal was facilitated by Robert W. Phinney, III from Atlantic Properties, acting as the broker for the transaction.
Norton Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.43%
Cash-on-Cash
-0.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93