Automotive Management Services Acquires Westford Office Building For $6M
239 Littleton Road
$6,000,000
$101/SF
Building Size
59,400 SF
Asset Type
Office
Closing
Dec 16, 2022
AI
An office property located at 239 Littleton Road in Westford, MA has been sold for $6,000,000. The property spans 59,400 square feet, resulting in a price per square foot of $101. The transaction took place on 12/16/2022.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $6,000,000
- Square Footage: 59,400
- Price per Square Foot: $101
- Address: 239 Littleton Road, Westford, MA
- Market: Westford, MA
The buyer of the property is Automotive Management Services, while the seller is MDR Construction. The deal was facilitated by Ken Oppenheim from Hunneman Real Estate, representing the buyer.
Players
Westford 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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93