Albany Road Real Estate Partners Sells Industrial Assets In Hudson, Nashua, Manchester, And NH For $69M
5 Wentworth Drive, Hudson, New Hampshire 03051, United States
$69,000,000
Building Size
—
Asset Type
Industrial
Closing
Aug 21, 2022
AI
Albany Road Real Estate Partners has sold multiple industrial properties in Hudson, Nashua, Manchester, and NH. The properties include 5 Wentworth Drive, 22 Cotton Rd, 1050 Perimeter Rd, and 645 Harvey Rd.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $69,000,000
- Seller: Albany Road Real Estate Partners
- Brokers: Dave Pergola, Brian Doherty, Pete Rogers, Tom Farrelly, Denis Dancoes, and Sue Ann Johnson - Cushman & Wakefield
The sale of these industrial properties was facilitated by Dave Pergola, Brian Doherty, Pete Rogers, Tom Farrelly, Denis Dancoes, and Sue Ann Johnson from Cushman & Wakefield. The deal was concluded on August 22, 2022.
Players
Hudson 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
0.23%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93