Updated Sep 11, 2026
Legacy Real Estate Ventures Acquires Sports Arena In Taunton For $2,900,000 From Seller Forrest Welling
1r Lawton Street
$2,900,000
$95/SF
Building Size
30,488 SF
Asset Type
Sports Arena
Closing
Sep 3, 2026
About this deal
AI
The property asset involved in this transaction is a sports arena located at 1r Lawton Street in Taunton, MA. The building features a total square footage of 30,488, and the sale was completed for a price of $2,900,000, which equates to a price per square foot of $95.
Summary of transaction details:
- Property Type: Sports Arena
- Transaction Amount: $2,900,000
- Address: 1r Lawton Street
- Market: Taunton, MA
- Square Footage: 30,488
- Price Per Square Foot: $95
- Buyer: Legacy Real Estate Ventures
- Seller: Forrest Welling
- Seller's Rep: David Linehan, Tyler Capecci, Jeremy Freid & Adam Meixner - 128 CRE
The transaction involved notable individuals including the buyer, Legacy Real Estate Ventures, and the seller, Forrest Welling. The representatives for the seller were a team consisting of David Linehan, Tyler Capecci, Jeremy Freid, and Adam Meixner from the agency 128 CRE, who facilitated the deal.
Players
Taunton Sports Arena Market Snapshot
Boundary boundary · Sports Arena · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93