Panther Group Holdings LLC Acquires Office At 20 Powder Mill Rd In Maynard For $1.4M
20 Powder Mill Rd
$1,400,000
Building Size
—
Asset Type
Office
Closing
Feb 29, 2024
AI
The property asset involved in this transaction is an office located at 20 Powder Mill Rd in Maynard. The sale occurred at a price of $1,400,000.00, reflecting the market value of the office space. This transaction is part of a larger real estate landscape focused on office spaces within the region.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,400,000.00
- Address: 20 Powder Mill Rd
- Market: Maynard
- Buyer: Panther Group Holdings LLC
- Seller: 20 Powdermill Rd Llc
- Broker: Roberto Magno - Castlearch Property Advisors
Key individuals in this deal include the buyer, Panther Group Holdings LLC, and the seller, 20 Powdermill Rd Llc. Roberto Magno from Castlearch Property Advisors represented the transaction, facilitating the sale between the involved parties.
Players
Maynard 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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93