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Mixed Use

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4 Open Square Way

Ascension Acquires Mixed-Use Property For $12.6M In Holyoke, MA
SOLDMixed-use

Ascension Acquires Mixed-Use Property For $12.6M In Holyoke, MA

4 Open Square Way

$12,636,630

$18/SF

Building Size

685,000 SF

Asset Type

Mixed-use

Closing

Dec 27, 2022

AI

Located at 4 Open Square Way in Holyoke, MA, this mixed-use property was recently sold in a closed transaction. The property spans a total area of 685,000 square feet, offering a versatile space for various uses. The sale price for this property was $12,636,630, resulting in a price per square foot of $18.

Summary of transaction details

  • Property Type: Mixed Use
  • Transaction Amount: $12,636,630
  • Address: 4 Open Square Way, Holyoke, MA
  • Market: Holyoke, MA

Represented by Anthony Cohen and Daniel Vazquez from Ascension, the transaction of this property was successfully facilitated. Anthony Cohen can be reached at (424) 306-0320 or via email at [email protected]. Daniel Vazquez can be contacted at (424) 336-8609 or through email at [email protected].

Players

Anthony Cohen

James Capital Advisors

Broker

$23.9M

vol

2 deals

Broker

Holyoke, Massachusetts Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.26%

Cash-on-Cash

-0.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93