Creative Cabot LLC Purchases 1 Cabot Rd Hudson MA For $6.9M With R.W. Holmes Commercial Real Estate
1 Cabot Rd, Hudson, MA, 01749
$6,900,000
$99/SF
Building Size
69,272 SF
Asset Type
Office
Closing
Nov 19, 2023
AI
1 Cabot Road is an office building located in Hudson, Massachusetts, offering a total square footage of 69,272. The property was sold for a transaction amount of $6,900,000.00 and is situated approximately 30 miles west of Boston. The building includes amenities such as a fitness center with showers, a lobby, and two retail stores.
Summary of transaction details:
- Property Type: Office Building
- Transaction Amount: $6,900,000.00
- Address: 1 Cabot Rd, Hudson, MA, 01749
- Market: Hudson
- Buyer: Creative Cabot LLC
- Seller: K & L Realty
- Seller's Representatives: Craig Johnston - R.W. Holmes Commercial Real Estate, Garry Holmes - R.W. Holmes Commercial Real Estate, Jim Bartholomew - R.W. Holmes Commercial Real Estate
The deal involved the buyer, Creative Cabot LLC, acquiring the property from the seller, K & L Realty. The transaction was facilitated by the seller's representatives, Craig Johnston, Garry Holmes, and Jim Bartholomew, all affiliated with R.W. Holmes Commercial Real Estate, emphasizing their role in brokering the deal.
Players
Hudson Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.30%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93