Juan Cepeda Acquires Retail Property In Haverhill, MA For $1M
SOLD
$1,000,000
Massachusetts
See Similar DealsRetail1,637 SF
Sold 07/29/2022
SOLD
Juan Cepeda Acquires Retail Property In Haverhill, MA For $1M
233 Winter Street, Haverhill, Massachusetts 01830, United States
See Similar DealsRetail1,637 SF
Sold 07/29/2022
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$610
Total Square Footage:1,637 SF
Transaction Type:Sale
Located at 233 Winter St in Haverhill, MA, this retail property has recently been sold. The transaction took place on 07/29/2022, with a sale price of $1,000,000. The property spans across 1,637 square feet and has a price per square foot (PPSF) of $611. The buyer of this retail asset is Juan Cepeda, while the seller is Karm Realty Llc.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,000,000
- Date: 07/29/2022
- Address: 233 Winter St, Haverhill, MA
- Square Footage: 1,637
- Price per Square Foot (PPSF): $611
Jefri Liriano from Keller Williams represented the buyer, Juan Cepeda, in this transaction. On the other hand, Eric Szczepkowski from Tri Town Retail Advisors represented the seller, Karm Realty Llc. Both parties were supported by their respective broker representatives in this deal.
Players
SELLER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12
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