SOLDOffice
SEM, Inc. Acquires Office Building At 108 Forest Avenue, Hudson, MA For $2.6M
108 Forest Ave, Hudson, MA, USA
$2,575,000
$85/SF
Building Size
30,000 SF
Asset Type
Office
Closing
Apr 1, 2021
AI
The office property located at 108 Forest Avenue in Hudson, MA was recently sold for $2,575,000. The transaction took place on 04/02/2021.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $2,575,000
- Address: 108 Forest Avenue, Hudson, MA
- Market: Hudson, MA
- Buyer: SEM, Inc.
- Seller's Representative: Bret O’Brien - Greater Boston Commercial Properties, Inc
- Buyer's Representative: John Eysenbach - R.W. Holmes Realty
- Size: 30,000 square feet
- Price per square foot: $86
John Eysenbach from R.W. Holmes Realty represented the buyer, SEM, Inc., while Bret O’Brien from Greater Boston Commercial Properties, Inc represented the seller in this transaction.
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
6.16%
Cash-on-Cash
-1.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93