True Storage LLC Acquires Mixed-Use Property In Attleborough, MA For $3.1M
34 Forest Street, Attleboro, Massachusetts 02703, United States
$3,100,000
$16/SF
Building Size
183,300 SF
Asset Type
Mixed-use
Closing
Oct 10, 2022
AI
The mixed-use property located at 34 Forest St in Attleborough, MA has been sold in a recent transaction. The property spans across 8.27 acres and was sold for a total of $3,100,000. The sale was facilitated by David Stubblebine, James Stubblebine, and Aaron Smith from The Stubblebine Company.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $3,100,000
- Address: 34 Forest St, Attleborough, MA
- Market: Attleborough, MA
- Buyer: True Storage LLC
- Seller: ACCBLDG 1 LLC
- Brokers: David Stubblebine, James Stubblebine, and Aaron Smith - The Stubblebine Company
- Total Acres: 8.27
- Square Footage: 183,300
- Price per Square Foot: $17
The buyers, True Storage LLC, purchased the property from ACCBLDG 1 LLC. This transaction marks an important deal in the real estate market of Attleborough, MA. The involvement of David Stubblebine, James Stubblebine, and Aaron Smith from The Stubblebine Company added expertise and representation for both the buyer and the seller.
Players
Attleboro 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
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93