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6 Enon Street, Beverly, Mas...

Updated Oct 28, 2024

Aubuchon Realty Co Acquires Retail Property In Beverly, MA For $6.6M
SOLDRetail

Aubuchon Realty Co Acquires Retail Property In Beverly, MA For $6.6M

6 Enon Street, Beverly, Massachusetts 01915, United States

$6,600,000

$309/SF

Building Size

21,350 SF

Asset Type

Retail

Closing

Jul 26, 2022

About this deal

AI

The retail property located at 2-6 Enon St in Beverly, MA has been sold for a transaction amount of $6,600,000. The property spans over 21,350 square feet, resulting in a price per square foot of $309.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $6,600,000
  • Address: 2-6 Enon St, Beverly, MA
  • Market: Beverly, MA
  • Square Footage: 21,350
  • Price per Square Foot: $309

Aubuchon Realty Co acted as the buyer in this transaction. They are a prominent real estate company representing the buyer's interests in the deal.

Players

Beverly Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $309 per square foot on a published $6.6M for 21,350 square feet (2022).

Browse Massachusetts retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.40%

Cash-on-Cash

-0.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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