Updated Oct 28, 2024
Allsource Power, LLC Acquires Mixed Use Property In Exeter, RI For $1.355M
570 Nooseneck Hill Road, Exeter, Rhode Island 02822, United States
$1,355,000
$49/SF
Building Size
27,300 SF
Asset Type
Mixed-use
Closing
Apr 7, 2022
About this deal
AI
The mixed-use property located at 570 Nooseneck Hill Rd in Exeter, RI has been sold. The property spans 27,300 square feet and was sold for a total price of $1,355,000, resulting in a price per square foot of $50. The transaction took place on 04/08/2022.
Summary of transation details
- Property Type: Mixed use
- Transaction Amount: $1,355,000
- Buyer: Allsource Power, LLC
- Seller: 570 Nooseneck Hill LLC
- Seller's Rep: Kevin Casey - Sweeney Real Estate & Appraisal
Allsource Power, LLC acted as the buyer in this transaction, while 570 Nooseneck Hill LLC served as the seller. The seller was represented by Kevin Casey from Sweeney Real Estate & Appraisal.
On the Map
$1,355,000
$49/SF
Mixed-use
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Exeter Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.71%
Cash-on-Cash
-3.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93