Horvath & Tremblay Facilitates $3.4M Sale Of KinderCare In Norwell, MA
380 Washington Street
$3,400,000
$345/SF
Building Size
9,846 SF
Asset Type
School
Closing
Dec 8, 2023
AI
The KinderCare in Norwell, Massachusetts has been sold in a transaction overseen by Aaron Huntley of Horvath & Tremblay. Horvath & Tremblay exclusively represented the buyer in this $3.4 million sale. The property, located at 380 Washington Street, is a school with an area covering 1.43 acres. It offers a total of 9,846 square feet, resulting in a price per square foot of $345.
Summary of transaction details:
- Property Type: School
- Transaction Amount: $3,400,000
- Address: 380 Washington Street
- Market: Norwell, MA
- Size: 1.43 acres
Aaron Huntley of Horvath & Tremblay ensured the successful completion of this transaction, representing the buyer throughout the process.
Norwell School Market Snapshot
Boundary boundary · School · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93