RMR Mortgage Trust Provides $39.2M Industrial Loan In Londonderry, N.H
6 Rockingham Road, Londonderry, NH, USA
$39,200,000
$333/SF
Building Size
117,412 SF
Asset Type
Industrial
Closing
Apr 7, 2021
AI
The industrial property located at 6 & 219 Rockingham Road in Londonderry, N.H was involved in a closed transaction. The property, with an address in the market of Londonderry, N.H, is an industrial asset.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $39,200,000
- Lender: RMR Mortgage Trust - Tom Lorenzini
The loan for this transaction was provided by RMR Mortgage Trust. Tom Lorenzini, representing RMR Mortgage Trust, facilitated the loan amounting to $39,200,000.
Players
Londonderry Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.40%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93