facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Office

/

Sale

/

29 Winter Street, Pembroke,...

B&M Real Estate Investment, LLC Acquires Office Property In Pembroke, MA For $1.85M
SOLDOffice

B&M Real Estate Investment, LLC Acquires Office Property In Pembroke, MA For $1.85M

29 Winter Street, Pembroke, Massachusetts 02359, United States

$1,850,000

$127/SF

Building Size

14,500 SF

Asset Type

Office

Closing

Sep 29, 2022

AI

The office property located at 29 Winter Street in Pembroke, MA has been sold in a transaction facilitated by Paul Durgin of Conway Commercial. The property sits on approximately 6 acres of land.

Summary of transaction details:

  • Property Type: Office
  • Sale Price: $1,850,000
  • Square Footage: 14,500
  • Price Per Square Foot: $128
  • Date: 09/30/2022
  • Market: Pembroke, MA

B&M Real Estate Investment, LLC has purchased the property from Pembroke Realty Trust. Paul Durgin from Conway Commercial represented the buyer in this transaction.

Players

Paul Durgin

Jack Conway & Company

Broker

$14.2M

vol

6 deals

Broker

Pembroke 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

8.57%

Cash-on-Cash

-2.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93