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2670 Nottingham Way

Comfort Keepers Acquires Mixed-Use Building In Hamilton For $1 Million With Fennelly Associates
SOLDMixed-use

Comfort Keepers Acquires Mixed-Use Building In Hamilton For $1 Million With Fennelly Associates

2670 Nottingham Way

$1,000,000

$133/SF

Building Size

7,500 SF

Asset Type

Mixed-use

Closing

Sep 17, 2024

AI

A mixed-use building located at 2670 Nottingham Way in Hamilton has been sold for $1,000,000. The property encompasses a total area of 7,500 square feet, with a price per square foot of $133. It features office, retail, and warehouse space, along with 23 parking spaces and convenient access to I-295.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $1,000,000
  • Address: 2670 Nottingham Way
  • Market: Hamilton
  • Square Footage: 7,500
  • Price Per Square Foot: $133
  • Buyer: Comfort Keepers
  • Broker Representatives: Jerry Fennelly & Patrick Dintrone - Fennelly Associates

Fennelly Associates facilitated the transaction, playing a pivotal role in arranging the sale of the property. The buyer, Comfort Keepers, has acquired this asset for its operational needs, taking advantage of the property's mixed-use design and strategic location.

Players

Jerry Fennelly

Fennelly Associates

Broker

$91.6M

vol

22 deals

Broker

Trenton Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.86%

Cash-on-Cash

-4.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93