Salem-Malden Realty LLC Acquires Retail Property In Malden From Michael Realty Trust For $1.65M
SOLD
$1,650,000
Massachusetts
See Similar DealsRetail
Sold 06/08/2018
SOLD
Salem-Malden Realty LLC Acquires Retail Property In Malden From Michael Realty Trust For $1.65M
181 200 Salem St
See Similar DealsRetail
Sold 06/08/2018
Summary
MASSACHUSETTS
Asset Type:Retail
Transaction Type:Sale
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.
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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$88,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,862.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,821.84
Annual Debt Service$93,862.10
Is there something missing? Send suggestions