Updated Oct 29, 2024
American Anchor Acquires Industrial Property In Taunton, MA For $3M
305 Constitution Blvd, Locust Grove, Va 22508, Usa
$3,000,000
$2,230/SF
Building Size
1,345 SF
Asset Type
Industrial
Closing
Aug 13, 2020
About this deal
AI
The industrial property located at 305 Constitution Boulevard in Taunton, MA has been sold for a total of $3,000,000. The property, owned by Globaltex Realty Trust, was purchased by American Anchor through the representation of Colliers International.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $3,000,000
- Seller: Globaltex Realty Trust
- Buyer: American Anchor
- Broker: Colliers International
The deal was brokered by Colliers International, who represented the buyer, American Anchor. The transaction took place on 08/14/2020, with the sale price reaching $3,000,000. The property is located in Taunton, MA and offers industrial space.
Players
Locust Grove 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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93