Updated Oct 28, 2024
Mount Auburn Street Property Owner LLC Acquires Watertown Square Plaza In $12.9M Deal
45 Mount Auburn Street, Watertown, Massachusetts 02472, United States
$12,900,000
$806/SF
Building Size
16,000 SF
Asset Type
Retail
Closing
Sep 15, 2022
About this deal
AI
Mount Auburn Street Property Owner LLC has purchased a retail property located at 45-59 Mt Auburn Street in Watertown, MA. The property has a land size of 1.51 acres and consists of 16,000 square feet of space. The sale took place on September 16, 2022, and the transaction was valued at $12,900,000 with a price per square foot of $806.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $12,900,000
- Address: 45-59 Mt Auburn Street, Watertown, MA
- Market: Watertown, MA
- Land Size: 1.51 acres
- Square Footage: 16,000
Jerry Mazzeo & Andrew Mazzeo, from All Star Realty, served as the brokers in the deal between Mount Auburn Street Property Owner LLC and Watertown Square Plaza LLC.
On the Map
$12,900,000
$806/SF
Retail
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Players
Watertown 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
1.23%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93