D&D Properties LLC Acquires Retail Property In Weymouth, MA For $1.8M
SOLD
$1,800,000
New York
See Similar DealsRetail80,000 SF
Sold 08/28/2020
SOLD
D&D Properties LLC Acquires Retail Property In Weymouth, MA For $1.8M
151 Main St, Weymouth, Ma 02188, Usa
See Similar DealsRetail80,000 SF
Sold 08/28/2020
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$22
Total Square Footage:80,000 SF
Transaction Type:Sale
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 [...].
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$96,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,395.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,532.92
Annual Debt Service$102,395.02
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