Updated Oct 28, 2024
K. Hoyle Construction Company Acquires Medical Facility In Peabody, MA For $3M
68 Prospect Street, Peabody, Massachusetts, USA
$3,000,000
$241/SF
Building Size
12,423 SF
Asset Type
Other
Closing
Jun 25, 2020
About this deal
AI
A medical facility located at 68 Prospect Street in Peabody, MA was sold on June 25, 2021. The property, which belongs to Thibeault Development, was purchased by K. Hoyle Construction Company for a total of $3,000,000.
Summary of transaction details
- Property Type: Medical Facility
- Transaction Amount: $3,000,000
- Seller: Thibeault Development - William Thibeault
- Buyer: K. Hoyle Construction Company
- Location: 68 Prospect Street, Peabody, MA
William Thibeault represented Thibeault Development as the seller in this transaction. Meanwhile, K. Hoyle Construction Company was represented by their own representative.
On the Map
$3,000,000
$241/SF
Other
View full map
Peabody Other Market Snapshot
Boundary boundary · Other · Sale transactions
Loading comparables…
Deal FAQ
Visit William Thibeault to view all their deals.
Browse Massachusetts other sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93