Fadi Metri Acquires Office Building On Winter St In Weymouth For $1.1M
SOLD
$1,100,000
Massachusetts
See Similar DealsOffice13,500 SF
Sold 10/22/2021
SOLD
Fadi Metri Acquires Office Building On Winter St In Weymouth For $1.1M
210 Winter St, Weymouth, Massachusetts, USA
See Similar DealsOffice13,500 SF
Sold 10/22/2021
Summary
MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$81
Total Square Footage:13,500 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$58,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,908.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,214.56
Annual Debt Service$62,574.73
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