facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Self Storage

/

Sale

/

5 Station Street

SDG Acquires Self Storage Facility In Brookline From Longwood Self Storage For $11.25M
SOLDSelf Storage

SDG Acquires Self Storage Facility In Brookline From Longwood Self Storage For $11.25M

5 Station Street

$11,250,000

$218/SF

Building Size

51,543 SF

Asset Type

Self Storage

Closing

Jan 31, 2025

AI

The asset involved in this transaction is a self storage facility located at 5 Station Street in Brookline, MA. The property was sold for $11,250,000, encompassing a total square footage of 51,543, translating to a price per square foot of $218.

Summary of transaction details:

This transaction involved key individuals from Cushman & Wakefield representing the seller, highlighting a collaborative effort among the brokers. The collective expertise of the representatives played a pivotal role in facilitating this substantial deal within the self storage market.

Players

Bruce Lusa

Cushman & Wakefield

Broker

$899.9M

vol

62 deals

Broker

Brookline Self Storage Market Snapshot

Boundary boundary · Self Storage · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.41%

Cash-on-Cash

-0.40%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93