Westchester Property Group LLC Acquires Seven Office Buildings In Austintown For $4.2M
60 Westchester Drive, 80 Westchester Drive, 116 Westchester Drive, 120 Westchester Drive, 130 Westchester Drive, 132 Westchester Drive & 134 Westchester Drive
$4,200,000
Building Size
—
Asset Type
Office
Closing
Sep 1, 2026
About this deal
AI
The sale involved seven office buildings located at 60, 80, 116, 120, 130, 132 & 134 Westchester Drive in Austintown, OH. The total transaction amount was $4,200,000, with the properties being part of the Westchester Complex. Among these, six properties accounted for $3.9 million, while 60 Westchester Drive was sold for $305,000.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $4,200,000
- Buyer: Westchester Property Group LLC
- Seller: Walter Terlecky Investments LLC
- Broker: Platz Realty Group
Westchester Property Group LLC completed the acquisition of the office buildings, facilitated by Platz Realty Group as the broker. The deal reflects the activities of Walter Terlecky Investments LLC as the seller in this property transaction.
On the Map
$4,200,000
Office
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Players
West Chester Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93