Updated Oct 28, 2024
EIP Manager Corp Acquires Industrial Property In Amherst, NH For $24M
1 Bon Terrain Drive, Amherst, NH 03031, USA
$24,000,000
$60/SF
Building Size
400,000 SF
Asset Type
Industrial
Closing
Sep 16, 2021
About this deal
AI
The industrial property located at 1 Bon Terrain Dr in Amherst, NH has been sold for a price of $24,000,000. The property spans 400,000 square feet, resulting in a price per square foot of $60. The sale took place on September 16, 2021. The buyer in this transaction is EIP Manager Corp, while the seller is FW Webb Company.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $24,000,000
- Address: 1 Bon Terrain Dr, Amherst, NH
- Market: Amherst, NH
- Buyer: EIP Manager Corp
- Seller: FW Webb Company
Mark Prolman of Prolman Realty represented the buyer as their broker's representative, while Rich Ruggiero of Newmark represented the seller in the deal.
On the Map
$24,000,000
$60/SF
Industrial
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Players
Amherst Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.66%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93