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9 Stuart Road, Chelmsford, ...

Equity Industrial Partners Acquires Mixed-Use Property In Chelmsford, MA For $30M
SOLDMixed-use

Equity Industrial Partners Acquires Mixed-Use Property In Chelmsford, MA For $30M

9 Stuart Road, Chelmsford, Massachusetts 01824, United States

$30,000,000

Building Size

Asset Type

Mixed-use

Closing

Feb 24, 2022

AI

Equity Industrial Partners has purchased a mixed-use property located at 9 Stuart Rd in Chelmsford, MA. The transaction, facilitated by broker Chris Lawrence from JLL, involved a sale price of $30,000,000. The property, previously owned by Jumbo Capital represented by Nick Trocki, is a valuable asset in the market.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $30,000,000
  • Address: 9 Stuart Rd, Chelmsford, MA
  • Market: Chelmsford, MA
  • Buyer: Equity Industrial Partners
  • Seller: Jumbo Capital - Nick Trocki
  • Broker: Chris Lawrence - JLL

The purchase of this mixed-use property was successfully completed on 02/25/2022. Chris Lawrence from JLL represented the buyer, Equity Industrial Partners, while Nick Trocki acted as the representative for the seller, Jumbo Capital. The sale price of $30,000,000 demonstrates the significant value of this property in the Chelmsford market.

Players

Christopher Lawrence

JLL

Broker

$72.4M

vol

7 deals

Broker
EP
Equity Industrial PartnersBuyer

Nick Trocki

Jumbo Capital

Seller

$247M

vol

3 deals

Seller

Chelmsford Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.53%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93