Updated May 12, 2025
Edward Hassey Acquires Office Asset At 152 Lincoln Road From Cambridge West 2 LLC For $1.96M
152 Lincoln Road
$1,960,000
Building Size
—
Asset Type
Office
Closing
Dec 10, 2020
About this deal
AI
The property asset involved in this transaction is an office located at 152 Lincoln Road in the Lincoln market. The transaction was completed for a price of $1,960,000.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,960,000.00
- Address: 152 Lincoln Road
- Market: Lincoln
- Buyer: Edward Hassey
- Seller: Cambridge West 2 Llc
- Broker: Roberto Magno - Castlearch Property Advisors
This transaction involved Edward Hassey as the buyer who acquired the office property from Cambridge West 2 Llc, with Roberto Magno representing the broker in this deal through Castlearch Property Advisors.
On the Map
$1,960,000
Office
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Players
Lincoln 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
8.09%
Cash-on-Cash
-2.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93