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71 Parmenter Road, Hudson, ...

Terra Management Acquires Mixed Use Property In Hudson, MA For $1.55M
SOLDMixed-use

Terra Management Acquires Mixed Use Property In Hudson, MA For $1.55M

71 Parmenter Road, Hudson, Massachusetts, USA

$1,550,000

$206/SF

Building Size

7,500 SF

Asset Type

Mixed-use

Closing

Dec 3, 2021

AI

Terra Management, LLC has acquired a mixed-use property located at 71 Parmenter Rd, Hudson, MA. The property spans across 22.1 acres and features a total of 7,500 square feet.

Summary of transaction details:

The transaction was facilitated by Bret O’Brien and Tyler DeWolfe, representing Greater Boston Commercial Properties, Inc. for Terra Management, LLC. The buyer, Terra Management, LLC, acquired the property from the seller, Vertical Bridge AM, LLC, for a price of $1,550,000. The property has a price per square foot of $207.

Players

Bret O'Brien

Greater Boston Commercial Properties

Broker

$62M

vol

13 deals

Broker

Hudson 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

10.23%

Cash-on-Cash

-2.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93