MIG Realty & BTRG Commercial Facilitate $445K Mixed-Use Sale In Brockton, MA
SOLD
$445,000
Massachusetts
See Similar DealsMixed-use9,901 SF
Sold 06/03/2020
SOLD
MIG Realty & BTRG Commercial Facilitate $445K Mixed-Use Sale In Brockton, MA
703 N Main St, Brockton, MA, USA
See Similar DealsMixed-use9,901 SF
Sold 06/03/2020
Summary
MASSACHUSETTS
Asset Type:Mixed-use
Price Per Square Foot:$44
Total Square Footage:9,901 SF
Transaction Type:Sale
A mixed-use property located at 703 N Main St in Brockton, MA has been sold for a total price of $445,000. The property spans 9,901 square feet, resulting in a price per square foot of $45.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $445,000
- Market: Brockton, MA
- Brokers: Robert Nichols - MIG Realty & Roody Lambert - BTRG Commercial @BtrgCommercial
The sale of this mixed-use property was facilitated by Robert Nichols from MIG Realty and Roody Lambert from BTRG Commercial. They represented the respective parties involved in the transaction to successfully close the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$23,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$1,581.00
Cash-on-Cash Return-1.27%
Monthly Debt Service$2,109.53
Annual Debt Service$25,314.32
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