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Brian & Mary Pat McSharry Acquire Mixed Use Property In Mansfield, MA For $1.04M

Property Image
SOLD
$1,040,000

Massachusetts

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Mixed-use14,151 SF
Sold 02/28/2022
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Property Image
SOLD

Brian & Mary Pat McSharry Acquire Mixed Use Property In Mansfield, MA For $1.04M

26 Otis Street, Mansfield, Massachusetts 02048, United States

See Similar Deals
Mixed-use14,151 SF
Sold 02/28/2022
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Summary

MASSACHUSETTS
Asset Type:Mixed-use
Price Per Square Foot:$73
Total Square Footage:14,151 SF
Transaction Type:Sale

The mixed-use property located at 26 Otis St in Mansfield, MA has been sold for a price of $1,040,000. The transaction took place on February 28, 2022, and the property spans across 14,151 square feet with a price per square foot of $73.

Summary of transaction details:

  • Property Type: Mixed use
  • Transaction Amount: $1,040,000
  • Address: 26 Otis St
  • Market: Mansfield, MA
  • Buyer: Brian & Mary Pat McSharry
  • Seller: IGW Realty Trust
  • Buyer's Rep: Marilyn Santiago & Garrett Quinn - SVN Parsons Commercial Group
  • Seller's Rep: Bill Kingdon - Ellis Realty Advisors

The buyer, Brian & Mary Pat McSharry, acquired the property from IGW Realty Trust. The buyer was represented by Marilyn Santiago & Garrett Quinn from SVN Parsons Commercial Group, while the seller was represented by Bill Kingdon from Ellis Realty Advisors.

Players

Marilyn Santiago
9 deals$51.5M volume
BROKER

Garrett Quinn
NAI Global
6 deals$8.3M volume
BROKER

Bill Kingdon
1 deal$1M volume
BROKER

Details

SOLD
IMAGE: Marilyn Santiago & Garrett Quinn DATE: 02/28/2022 ADDRESS: 26 Otis St MARKET: Mansfield, MA ASSET TYPE: Mixed use BUYER: Brian & Mary Pat McSharry SELLER: IGW Realty Trust BUYER'S REP: Marilyn Santiago (@MarilynCRE495) & Garrett Quinn (@GQuinn2) -SVN Parsons Commercial Group (@SVN_PCG_Boston) SELLER'S REP: Bill Kingdon - Ellis Realty Advisors SALE PRICE: $1,040,000 SF: 14,151 ~ PPSF: $73

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Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,694.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,930.13
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