Y&N Consulting LLC Acquires Office Building In Burlington, MA For $1.3M
30 Chestnut Avenue, Burlington, Massachusetts, USA
$1,300,000
$216/SF
Building Size
5,999 SF
Asset Type
Office
Closing
May 2, 2021
AI
The office property located at 30 Chestnut Avenue in Burlington, MA has been sold in a recent transaction. The property, owned by K&M Real Estate Trust, was purchased by Y&N Consulting LLC. The sale was facilitated by Benjamin Gatti of Greater Boston Commercial Properties Inc.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $1,300,000
- Square Footage: 5,999
- Price per Square Foot: $216
The sale of the property represents an important step for both the buyer and seller. K&M Real Estate Trust was able to successfully close the transaction, while Y&N Consulting LLC acquired a valuable office asset in Burlington, MA. Benjamin Gatti of Greater Boston Commercial Properties Inc. played a key role in brokeraging the deal on behalf of the buyer and seller.
Burlington 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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93