Brave Dog Properties Acquires Norwood, MA Office For $5.3M
320 Norwood Park South, Norwood, Massachusetts 02062, United States
$5,300,000
$132/SF
Building Size
40,000 SF
Asset Type
Office
Closing
May 16, 2022
AI
The commercial property located at 320 Norwood Park South in Norwood, MA has been sold. The property is an office building spanning 40,000 square feet. The transaction took place on May 17, 2022.
Summary of transaction details:
- Property Type: Office
- Sale Price: $5,300,000
- Price per Square Foot: $133
- Address: 320 Norwood Park South, Norwood, MA
- Market: Norwood, MA
The buyer of the property was Brave Dog Properties, LLC, while the seller was 320 Enterprises, LLC. The buyer was represented by Dean Blackey, Elizabeth Holmes, and Mike Fahy from R. W. Holmes. Taryn Wilson from Newmark acted as the seller's representative in the deal.
Players
Norwood 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
2.99%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93