Westborough Research Investments, LLC Acquires Office Building In Westborough, MA For $32M
25 Research Drive, Westborough, Massachusetts 01581, United States
$32,000,000
Building Size
—
Asset Type
Office
Closing
Apr 17, 2023
AI
The office property located at 25 Research Drive in Westborough, MA has been sold. The transaction took place on January 13, 2023, and the property was purchased by Westborough Research Investments, LLC for a total sale price of $32,000,000.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $32,000,000
- Address: 25 Research Drive
- Market: Westborough, MA
Westborough Research Investments, LLC, represented by their buyer's agent, played a key role in the transaction.
Players
Westborough 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
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93