Updated Oct 28, 2024
Plover Capital LLC Acquires Retail Property On South Broadway In Lawrence, MA For $2.4M
138 South Broadway
$2,400,000
$235/SF
Building Size
10,200 SF
Asset Type
Retail
Closing
Jul 14, 2022
About this deal
AI
The retail property located at 138 South Broadway in Lawrence, MA has been sold for a total of $2,400,000. The property is comprised of 10,200 square feet, resulting in a price per square foot of $235.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,400,000
- Address: 138 South Broadway, Lawrence, MA
- Square Footage: 10,200
- Price per Square Foot: $235
- Market: Lawrence, MA
The buyer of the property is Plover Capital LLC, while the seller is SCLR Realty, LLC. Marci Alvarado from SVN| Parsons Commercial Group | Boston represented the buyer in this transaction.
Players
City of White Plains 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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93