Foxfield Acquires Industrial Property In Salem, NH For $14.9M
21 Northwestern Drive, Salem, New Hampshire 03079, United States
$14,900,000
$148/SF
Building Size
100,450 SF
Asset Type
Industrial
Closing
Sep 6, 2022
AI
Foxfield has acquired an industrial property in Salem, NH for $14,900,000. The property, located at 21 Northwestern Dr, spans across 15 acres in the market. The transaction was facilitated by Chris Healey of The Boulos Company, representing Foxfield.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $14,900,000
- Address: 21 Northwestern Dr, Salem, NH
- Market: Salem, NH
- Acres: 15
The industrial property has a total area of 100,450 square feet, with a price per square foot of $148. This information was captured from the Instagram post shared by Chris Healey on 09/07/2022.
Congratulations to Foxfield on their acquisition of this industrial property in Salem, NH. The deal was successfully negotiated by Chris Healey from The Boulos Company, who represented Foxfield in this transaction.
Players
Salem 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
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93