EagleBridge Capital Arranges $7.3M Acquisition Loan For Retail Property In Lowell, MA
FINANCED
$7,300,000
Massachusetts
See Similar DealsRetail15,000 SF
Financed
FINANCED
EagleBridge Capital Arranges $7.3M Acquisition Loan For Retail Property In Lowell, MA
1765 Middlesex Street, Lowell, Massachusetts 01851, United States
See Similar DealsRetail15,000 SF
Financed
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$486
Total Square Footage:15000 SF
Transaction Type:Loan
The property involved in this closed transaction is a retail asset located at 1765 Middlesex St in Lowell, MA. The property has a total square footage of 15,000, making it a significant commercial space in the area.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,300,000
Ted Sidel of EagleBridge Capital represented the buyer in this acquisition. As the broker for the deal, Ted played a crucial role in facilitating the transaction and ensuring a successful outcome.
This acquisition involved a loan amount of $7,300,000. The loan was specifically obtained for the purpose of acquiring the retail property at 1765 Middlesex St. It is worth noting that this transaction took place on October 28, 2022.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$7,300,000.00
Monthly NOI$48,666.67
Monthly Debt Service$46,140.97
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions