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3236 Milk St, Westborough, ...

Francis Vaccaro Of Masis Staffing Solutions Acquires Property At 3236 Milk St With Drew Higgins As Buyer's Rep
SOLDOffice

Francis Vaccaro Of Masis Staffing Solutions Acquires Property At 3236 Milk St With Drew Higgins As Buyer's Rep

3236 Milk St, Westborough, MA, 01581

Building Size

3,960 SF

Asset Type

Office

Closing

Nov 19, 2023

AI

The transaction involved the sale of a 3,960-square-foot office building located at 3236 Milk St, Westborough, MA, 01581, in the Westborough market. The specifics regarding the sale price remain undisclosed, but the property is situated in downtown Westborough, approximately 34 miles west of Boston.

Summary of transaction details:

  • Property Type: Office Building
  • Transaction Amount: Undisclosed
  • Address: 3236 Milk St, Westborough, MA, 01581
  • Buyer: Francis Vaccaro of Masis Staffing Solutions
  • Buyer's Rep: Drew Higgins - Kelleher & Sadowsky

Drew Higgins of Kelleher & Sadowsky represented the buyer in this transaction. The seller's information has not been disclosed.

Players

Drew Higgins

Broker

$7M

vol

2 deals

Broker

Westborough 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93