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108 Forest Ave, Hudson, MA,...

SEM, Inc. Acquires Office Building At 108 Forest Avenue, Hudson, MA For $2.6M
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

Bret O'Brien

Greater Boston Commercial Properties

Broker

$62M

vol

13 deals

Broker

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