R.J. Kelly Co Acquires Industrial Portfolio In Hudson, Nashua, Salem, Londonderry, Manchester & Amherst, NH For $76.3M
Hudson, New Hampshire, United States
$76,300,000
Building Size
—
Asset Type
Industrial
Closing
Sep 22, 2022
AI
The Industrial Portfolio located in Hudson, Nashua, Salem, Londonderry, Manchester, and Amherst, NH has undergone an acquisition financed by a loan. The property, owned by R.J. Kelly Co and represented by Brandon Kelly, is an industrial asset situated in these various markets.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $76,300,000
- Loan Type: Acquisition
The loan for this transaction was provided by multiple lenders including HarborOne, Salem 5, Westfield Bank, Service Credit Union, and Bank Newport. The brokers involved in this deal were Rob Borden and Andrew Stone of CBRE, representing the buyer or seller.
Players
Hudson 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
0.21%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93