Sweeney Real Estate Brokers Industrial Property Sale In East Providence For $1.65M
155 Amaral Street, Riverside, RI, USA
$1,650,000
$56/SF
Building Size
29,000 SF
Asset Type
Industrial
Closing
Nov 12, 2020
AI
The industrial property located at 155 Amaral Street in East Providence, RI has been sold in a recent transaction. The property spans 29,000 square feet and was sold for a price of $1,650,000, resulting in a price per square foot of $57.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $1,650,000
- Date: 11/13/2020
- Market: East Providence, RI
- BROKERS: Thomas Sweeney & Kevin Casey - Sweeney Real Estate
The deal was facilitated by brokers Thomas Sweeney and Kevin Casey from Sweeney Real Estate. They represented the buyer and seller in the transaction, ensuring its successful completion.
Players
Riverside 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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93