Updated Mar 11, 2025
RD Advisors Provides $384K Acquisition Loan For Office Building In Brockton, MA
284 North Main Street, Brockton, MA, USA
$384,000
$38/SF
Building Size
10,000 SF
Asset Type
Office
Closing
Jul 9, 2020
About this deal
AI
Located at 284 N Main Street in Brockton, MA, this recent closed transaction involved an office property. The loan for the acquisition of this property was provided by RD Advisors, with Sean Kelly-Rand serving as the lender's representative.
Summary of transaction details:
- Property Type: Office
- Address: 284 N Main Street, Brockton, MA
- Market: Brockton, MA
- Lender: RD Advisors - Sean Kelly-Rand
- Loan Amount: $384,000
- Loan Type: Acquisition
RD Advisors, a lending company, facilitated the transaction by providing a loan amount of $384,000 for the acquisition of the office property located at 284 N Main Street in Brockton, MA.
NOTE: RD Advisors is currently accepting loan requests for non-owner occupied residential and commercial properties in Massachusetts. To submit a deal, visit their Instagram page.
Players
Brockton Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
41.31%
Cash-on-Cash
-11.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93