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Durosa LLC Acquires Office Property At 22 Union Ave Sudbury For $3.45M

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SOLD
$3,450,000

Massachusetts

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Office
Sold 09/07/2021
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Property Image
SOLD

Durosa LLC Acquires Office Property At 22 Union Ave Sudbury For $3.45M

22 Union Ave & 23 Union Ave

See Similar Deals
Office
Sold 09/07/2021
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Summary

MASSACHUSETTS
Asset Type:Office
Transaction Type:Sale

The property asset involved in the transaction is an office located at 22 Union Ave in the Sudbury market. The transaction was conducted for a total price of $3,450,000.00.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $3,450,000.00
  • Address: 22 Union Ave
  • Market: Sudbury
  • Buyer: Durosa Llc
  • Seller: 22-23 Union Ave Llc
  • Broker: Roberto Magno - Castlearch Property Advisors

This transaction involves key stakeholders in the real estate industry. Roberto Magno, representing Castlearch Property Advisors, played a crucial role as the broker in this deal, connecting the buyer, Durosa Llc, and the seller, 22-23 Union Ave Llc.

Players

Roberto Magno
13 deals$21.8M volume
BROKER

Details

SOLD
IMAGE: 09/07/2021 ADDRESS: 22 Union Ave MARKET: Sudbury ASSET TYPE: Office BROKERS: Roberto Magno(Castlearch Property Advisors ) BUYER: n/a(Durosa Llc) SELLER: n/a(22-23 Union Ave Llc) PRICE: $3,450,000.00

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$184,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,257.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,354.76
Annual Debt Service$196,257.12