Juan Cepeda Acquires Retail Property In Haverhill, MA For $1M
233 Winter Street, Haverhill, Massachusetts 01830, United States
$1,000,000
$610/SF
Building Size
1,637 SF
Asset Type
Retail
Closing
Jul 28, 2022
AI
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
Haverhill 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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93