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2168 Diamond Hill Rd, Woons...

Updated Dec 21, 2023

MG Commercial Acquires Mixed-Use Property In Woonsocket, RI For $3.15M
SOLDMixed-use

MG Commercial Acquires Mixed-Use Property In Woonsocket, RI For $3.15M

2168 Diamond Hill Rd, Woonsocket, RI, USA

$3,150,000

$78/SF

Building Size

40,000 SF

Asset Type

Mixed-use

Closing

Dec 3, 2021

About this deal

AI

A mixed-use property located at 2168 Diamond Hill Rd in Woonsocket, RI, was recently sold for $3,150,000. The property spans approximately 40,000 square feet, resulting in a price per square foot of $78.75. This transaction took place on December 3, 2021. The sale was facilitated by Mike Giuttari of MG Commercial.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $3,150,000
  • Address: 2168 Diamond Hill Rd, Woonsocket, RI
  • Market: Woonsocket, RI
  • Broker: Mike Giuttari - MG Commercial
  • Square Footage: 40,000
  • Price per Square Foot: $78.75

This sale marks a significant transaction in the real estate market of Woonsocket, RI. Mike Giuttari from MG Commercial played a key role as the broker representing the parties involved in the deal. The successful completion of this transaction highlights the expertise and professionalism of Mike Giuttari and MG Commercial.

Players

Mike Giuttari

Broker

$25.3M

vol

6 deals

Broker

Woonsocket Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $78 per square foot on a published $3.2M for 40,000 square feet (2021).

Visit Mike Giuttari to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.04%

Cash-on-Cash

-1.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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