Segesta LLC Acquires Retail Property In Plymouth, MA For $3.2M
SOLD
$3,200,000
Massachusetts
See Similar DealsRetail
Sold 09/23/2022
SOLD
Segesta LLC Acquires Retail Property In Plymouth, MA For $3.2M
30 Golf Drive, Plymouth, Massachusetts 02360, United States
See Similar DealsRetail
Sold 09/23/2022
Summary
MASSACHUSETTS
Asset Type:Retail
Transaction Type:Sale
Segesta LLC has acquired a retail property located at 30 Golf Drive, Plymouth, MA. The transaction was facilitated by Paul Durgin of Conway Commercial, who represented the buyer. The seller of the property was BJLK@ Sweat RT. The sale took place on September 23, 2022, and the sale price was $3,200,000.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $3,200,000
- Address: 30 Golf Drive, Plymouth, MA
- Market: Plymouth, MA
The retail property spans approximately 42,000 square feet, resulting in a price per unit of $76.
Paul Durgin of Conway Commercial played a crucial role in representing Segesta LLC in this transaction. Their expertise and negotiation skills contributed to the successful completion of the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$170,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,368.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,169.63
Annual Debt Service$182,035.59
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