SOLDRetail
Matt Newman Of Newman Properties And Atlantic Capital Acquires Holyoke Landing For $6.8M
Holyoke Street
$6,800,000
Building Size
—
Asset Type
Retail
Closing
May 1, 2025
AI
This transaction involves a retail asset located at 12-44 Holyoke Street in Holyoke, MA. The fully leased retail center was acquired for $6,800,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,800,000
- Buyer: Matt Newman - Newman Properties
- Additional Buyer: Atlantic Capital Holyoke Retail LLC
- Market: Holyoke, MA
The acquisition was made by Matt Newman representing Newman Properties along with Atlantic Capital Holyoke Retail LLC, highlighting a strategic investment in a commercial retail space.
Players
Holyoke Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93