Fadi Metri Acquires Office Building On Winter St In Weymouth For $1.1M
210 Winter St, Weymouth, Massachusetts, USA
$1,100,000
$81/SF
Building Size
13,500 SF
Asset Type
Office
Closing
Oct 22, 2021
AI
The office building located at 210 Winter St in Weymouth, MA has been sold in a recent transaction. The sale took place on October 22, 2021. The property, which spans approximately 13,500 square feet, was sold for a total price of $1,100,000. This translates to a price per square foot of $81. The buyer of the property is Fadi Metri, while the seller is 210 Winter Street Realty Trust.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,100,000
- Square Footage: 13,500
- Price per Square Foot: $81
- Address: 210 Winter St, Weymouth, MA
- Market: Weymouth, MA
The Conrad Group represented both the buyer and the seller in this transaction. The team of brokers involved in the deal includes Bob Conrad, Paul McCourt, and Jim McEvoy.
Players
Weymouth 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93