Nick Realty LLC Acquires Mixed-Use Property In Milton, MA For $2.48M
5 Canton Avenue, Milton, MA, USA
$2,485,000
$468/SF
Building Size
5,300 SF
Asset Type
Mixed-use
Closing
Sep 17, 2020
AI
The mixed-use property located at 5 Canton Avenue & 191 Blue Hills Avenue in Milton, MA has been sold for a total price of $2,485,000. The transaction took place on September 18, 2020.
Summary of transation details
- Property Type: Mixed Use
- Transaction Amount: $2,485,000
- Address: 5 Canton Avenue & 191 Blue Hills Avenue, Milton, MA
- Seller: 191 BHP LLC
- Buyer: Nick Realty LLC
- Broker: Paul Durgin - Conway Commercial
Paul Durgin from Conway Commercial represented the seller, 191 BHP LLC, in this transaction. Nick Realty LLC acquired the property in Milton, MA. The deal was finalized on September 18, 2020.
Players
Milton 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
6.38%
Cash-on-Cash
-1.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93