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210 Winter St, Weymouth, Ma...

Fadi Metri Acquires Office Building On Winter St In Weymouth For $1.1M
SOLDOffice

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

James McEvoy

Broker

$62.7M

vol

13 deals

Broker

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