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2760 Nottingham Way

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

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

2760 Nottingham Way

$1,000,000

$133/SF

Building Size

7,500 SF

Asset Type

Mixed-use

Closing

Jul 26, 2024

AI

Comfort Keepers purchased a 7,500-square-foot mixed-use building located at 2760 Nottingham Way in Hamilton for $1 million. The asset includes retail and warehouse space and features 23 parking spots. Its proximity to Interstate 295 enhances its value in the market.

Summary of transaction details:

Jerry Fennelly and Patrick Dintrone from Fennelly Associates facilitated the transaction, representing the interests of Comfort Keepers in the purchase. The brokers played a key role in navigating the deal for this mixed-use asset.

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