Updated Dec 20, 2023
Horvath & Tremblay Brokers Sell Retail Property On N Main St For $3.065M
618 North Main Street, East Longmeadow, Massachusetts 01028, United States
$3,065,000
Building Size
—
Asset Type
Retail
Closing
Mar 17, 2022
About this deal
AI
A retail property located at 618 N Main St in East Longmeadow, MA has been sold for a price of $3,065,000. The transaction took place on March 18, 2022. The property features an attractive retail space and is situated in a bustling market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,065,000
The sale of this retail property was facilitated by a team of brokers from Horvath & Tremblay. The brokers involved in the deal were Aaron Huntley, Bob Horvath, Todd Tremblay, and Brian Ahrens. Their expertise and experience contributed to the successful completion of the transaction.
On the Map
$3,065,000
Retail
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Players
East Longmeadow 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
5.18%
Cash-on-Cash
-1.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93