Updated Mar 27, 2025
Salem-Malden Realty LLC Acquires Retail Property In Malden From Michael Realty Trust For $1.65M
181 200 Salem St
$1,650,000
Building Size
—
Asset Type
Retail
Closing
Jun 8, 2018
About this deal
AI
The property asset involved in the transaction is a retail space located at 181 200 Salem St within the Malden market. The sale was finalized for a price of $1,650,000.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,650,000.00
- Address: 181 200 Salem St
- Market: Malden
- Buyer: Salem-Malden Realty Llc
- Seller: Michael Reatly Trust
- Broker: Roberto Magno - Castlearch Property Advisors
Key individuals involved in the deal include Roberto Magno, who represented the transaction as the broker for the deal, ensuring communication and negotiation between the involved parties.
On the Map
$1,650,000
Retail
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Players
Malden 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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93