Eric Aulenback Acquires Retail Property For $1.25M In Charlestown, MA
229 Bunker Hill Street, Charlestown, MA 02129, USA
$1,250,000
$757/SF
Building Size
1,650 SF
Asset Type
Retail
Closing
Jun 4, 2020
AI
Located at 229 Bunker Hill Street in Charlestown, MA, this retail property recently changed hands in a closed transaction. The property spans 1,650 square feet and was sold for a price of $1,250,000, equivalent to a price per square foot of $757.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,250,000
- Date: 06/04/2021
- Market: Charlestown, MA
The seller of the property was Kevin Smith, while Eric Aulenback acted as the buyer. Joe Wagner and Whitney Gallivan from Boston Realty Advisors represented both parties as brokers in the deal.
Players
Boston Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93