Loon Island Realty, LLC Acquires Industrial Property In Nashua, NH For $6M
41 Simon Street, Nashua, New Hampshire 03060, United States
$6,000,000
$81/SF
Building Size
73,768 SF
Asset Type
Industrial
Closing
Jan 6, 2022
AI
Loon Island Realty, LLC has acquired an industrial property in Nashua, NH for a price of $6,000,000. The property, located at 41 Simon St, spans over 73,768 square feet. The transaction was facilitated by Brian Dano and Chris Pascucci of SVN|Masiello Commercial, who represented both the buyer and the seller, Tanguay Avenue, LLC.
Summary of transaction details
- Property Type: Industrial
- Date: 01/07/2022
- Address: 41 Simon St
- Market: Nashua, NH
- Buyer: Loon Island Realty, LLC
- Seller: Tanguay Avenue, LLC
- Brokers: Brian Dano & Chris Pascucci - SVN|Masiello Commercial
- Sale Price: $6,000,000
- Square Footage: 73,768 sq ft
- Price Per Square Foot: $81
Brian Dano and Chris Pascucci of SVN|Masiello Commercial played a crucial role in the transaction, representing both the buyer, Loon Island Realty, LLC, and the seller, Tanguay Avenue, LLC.
Players
Nashua 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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93