SRS Real Estate Partners Brokers $6.9M Mixed-Use Property Sale In Marlborough, MA
488 Boston Post Road East, Marlborough, Massachusetts 01752, United States
$6,900,000
$152/SF
Building Size
45,235 SF
Asset Type
Mixed-use
Closing
Mar 14, 2022
AI
The mixed-use property located at 488 Boston Post Rd E in Marlborough, MA has been sold. The transaction was facilitated by brokers Danny Griffin, Eric Suffoletto, and Christian Janelle from SRS Real Estate Partners. The sale took place on 03/15/2022.
Summary of transaction details:
- Property Type: Mixed-Use
- Sale Price: $6,900,000
- Square Footage: 45,235
- Price per Square Foot: $153
- Address: 488 Boston Post Rd E, Marlborough, MA
- Market: Marlborough, MA
Danny Griffin, Eric Suffoletto, and Christian Janelle, representing SRS Real Estate Partners, played a key role in the successful transaction. They worked diligently to ensure the sale of this mixed-use property in Marlborough, MA.
Players
Marlborough 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
2.30%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93