facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Office

/

Loan

/

110 Winn Street

Jake Cremmen & Brian Rooney Secure $2.685M Acquisition Loan For 110 Winn Street
FINANCEDOffice

Jake Cremmen & Brian Rooney Secure $2.685M Acquisition Loan For 110 Winn Street

110 Winn Street

$2,685,000

$98/SF

Building Size

27,300 SF

Asset Type

Office

Closing

Mar 14, 2024

AI

The property located at 110 Winn Street in Woburn, MA, is an office asset with a total square footage of 27,300. The loan amount secured for the acquisition of this property is $2,685,000. Jake Cremmen and Brian Rooney from Finance Boston facilitated the financing for this transaction.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $2,685,000
  • Address: 110 Winn Street
  • Market: Woburn, MA
  • Asset Type: Office
  • Square Footage: 27,300
  • Brokers: Jake Cremmen & Brian Rooney - Finance Boston
  • Loan Type: Acquisition

Jake Cremmen and Brian Rooney from Finance Boston played a crucial role in finalizing the financing deal for the acquisition of the office property at 110 Winn Street. The partnership between the buyers and the lenders ensured the successful completion of the transaction.

Players

Brian Rooney

FinanceBoston

Broker

$117.6M

vol

10 deals

Broker

Woburn Office Market Snapshot

Boundary boundary · Office · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.91%

Cash-on-Cash

-1.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93