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910 Boston Post Road LLC Acquires Marlborough Office Building For $1.838M
SOLD
$1,838,000
Massachusetts
See Similar DealsOffice24,134 SF
Sold 08/11/2023
SOLD
910 Boston Post Road LLC Acquires Marlborough Office Building For $1.838M
910 Boston Post Road Marlborough, Massachusetts 01752
See Similar DealsOffice24,134 SF
Sold 08/11/2023
Summary
MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$76
Total Square Footage:24,134 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$98,026.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,530.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,713.06
Annual Debt Service$104,556.69
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