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Horvath & Tremblay Brokers Facilitate $3.2M Retail Sale In Plymouth, MA

Property Image
SOLD
$3,215,000

Massachusetts

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Retail5,621 SF
Sold 02/25/2022
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Property Image
SOLD

Horvath & Tremblay Brokers Facilitate $3.2M Retail Sale In Plymouth, MA

106 Colony Place, Plymouth, Massachusetts 02360, United States

See Similar Deals
Retail5,621 SF
Sold 02/25/2022
Contact now

Summary

MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$572
Total Square Footage:5,621 SF
Transaction Type:Sale

The retail property located at 106-108 Colony Place Rd in Plymouth, MA was recently sold. The transaction took place on 02/25/2022, with a sale price of $3,215,000. The property spans 5,621 square feet, resulting in a price per square foot of $572. The transaction was facilitated by brokers Dan Bernardini, Todd Tremblay, and Bob Horvath of Horvath & Tremblay.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,215,000
  • Address: 106-108 Colony Place Rd, Plymouth, MA
  • Market: Plymouth, MA
  • Square Footage: 5,621
  • Price per Square Foot: $572

The deal was spearheaded by brokers Dan Bernardini, Todd Tremblay, and Bob Horvath from Horvath & Tremblay. Their expertise and guidance were instrumental in successfully closing the transaction.

Players

Robert (Bob) Horvath
112 deals$556.4M volume
BROKER

Todd Tremblay
Horvath & Tremblay
103 deals$515.2M volume
BROKER

Daniel (Dan) Bernardini
Horvath & Tremblay
10 deals$33.6M volume
BROKER

Details

SOLD
IMAGE: Dan Bernardini, Bob Horvath & Todd Tremblay DATE: 02/25/2022 ADDRESS: 106-108 Colony Place Rd MARKET: Plymouth, MA ASSET TYPE: Retail BROKERS: Dan Bernardini, Todd Tremblay & Bob Horvath - Horvath & Tremblay SALE PRICE: $3,215,000 SF: 5,621 ~ PPSF: $572

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$171,466.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,422.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,240.74
Annual Debt Service$182,888.88