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910 Boston Post Road Marlbo...

910 Boston Post Road LLC Acquires Marlborough Office Building For $1.838M
SOLDOffice

910 Boston Post Road LLC Acquires Marlborough Office Building For $1.838M

910 Boston Post Road Marlborough, Massachusetts 01752

$1,838,000

$76/SF

Building Size

24,134 SF

Asset Type

Office

Closing

Aug 11, 2023

AI

A 24,134 square foot multi-tenant office building located at 910 Boston Post Rd in Marlborough, MA has been sold for $1.838 million. The property was purchased by 910 Boston Post Road LLC from Blackcomb Associates LLC. The transaction was facilitated by the brokers Alex Wood, Garrett Quinn, Matt Cuneo, and Trevor Holmes from SVN | Parsons Commercial Group | Boston.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $1,838,000
  • Address: 910 Boston Post Rd, Marlborough, MA
  • Market: Marlborough, MA
  • Square Footage: 24,134
  • Price per Square Foot: $76

It is worth noting that SVN | Parsons Commercial Group | Boston successfully facilitated the sale of the property to 910 Boston Post Road LLC.

Players

Garrett Quinn

NAI Global

Broker

$8.3M

vol

6 deals

Broker

Marlborough 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

8.63%

Cash-on-Cash

-2.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93