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:
- Property Type: Mixed-use
- Transaction Amount: $1,000,000
- Square Footage: 7,500
- Price per Square Foot: $133
- Address: 2760 Nottingham Way
- Market: Hamilton
- Buyer: Comfort Keepers
- Brokers: Jerry Fennelly & Patrick Dintrone - Fennelly Associates
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
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