Durosa LLC Acquires Office Property At 22 Union Ave Sudbury For $3.45M
22 Union Ave & 23 Union Ave
$3,450,000
Building Size
—
Asset Type
Office
Closing
Sep 7, 2021
AI
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.
Sudbury 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
4.60%
Cash-on-Cash
-1.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93