David Ellis Acquires Industrial Warehouse/Office In Plymouth, MA For $1.55M
3 Collins Ave, Rose Bay Nsw 2029, Australia
$1,550,000
$87/SF
Building Size
17,800 SF
Asset Type
Industrial
Closing
Aug 6, 2020
AI
An industrial warehouse/office located at 3 Collins Avenue in Plymouth, MA was recently sold for a price of $1,550,000. The property spans across 17,800 square feet and was sold at a rate of $87 per square foot.
Summary of transaction details
- Property Type: Industrial Warehouse/Office
- Transaction Amount: $1,550,000
- Square Footage: 17,800
The sale was facilitated by David Ellis from Ellis Realty Advisors. David Ellis acted as the broker in this transaction, representing either the buyer or the seller.
Players
Sydney 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
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93