D&D Properties LLC Acquires Retail Property In Weymouth, MA For $1.8M
151 Main St, Weymouth, Ma 02188, Usa
$1,800,000
$22/SF
Building Size
80,000 SF
Asset Type
Retail
Closing
Aug 27, 2020
AI
The property at 151 Main Street in Weymouth, MA has been sold for $1,800,000. This retail asset spans across 8,000 square feet, resulting in a price per square foot of $225.
Summary of transaction details:
- Property Type: Retail
- Sale Price: $1,800,000
- Square Footage: 8,000
- Price per Square Foot: $225
- Address: 151 Main Street, Weymouth, MA
- Market: Weymouth, MA
The seller of the property was Catania Hospitality Group, while D&D Properties LLC acted as the buyer. The seller was represented by Richard Catania from The Realty Advisory in Centerville. The buyer was represented by Adam Bauer from Ellis Realty Advisors & The Business [...].
Players
Weymouth Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93