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703 N Main St, Brockton, MA...

MIG Realty & BTRG Commercial Facilitate $445K Mixed-Use Sale In Brockton, MA
SOLDMixed-use

MIG Realty & BTRG Commercial Facilitate $445K Mixed-Use Sale In Brockton, MA

703 N Main St, Brockton, MA, USA

$445,000

$44/SF

Building Size

9,901 SF

Asset Type

Mixed-use

Closing

Jun 3, 2020

AI

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

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.

Players

Robert Nichols

MIG Realty

Broker

$69M

vol

44 deals

Broker

Brockton 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

35.65%

Cash-on-Cash

-10.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93