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20 Powder Mill Rd

Panther Group Holdings LLC Acquires Office At 20 Powder Mill Rd In Maynard For $1.4M
SOLDOffice

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

Roberto Magno

Castlearch Property Advisors

Broker

$21.8M

vol

13 deals

Broker
PL
Panther Group Holdings LLCBuyer
2L
20 Powdermill Rd LlcSeller

Maynard Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

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