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1 Bon Terrain Drive, Amhers...

EIP Manager Corp Acquires Industrial Property In Amherst, NH For $24M
SOLDIndustrial

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

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.

Players

Mark Prolman

Prolman Realty

Broker

$31.9M

vol

3 deals

Broker
FC
FW Webb CompanySeller

Amherst Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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