Updated Dec 21, 2023
Horvath & Tremblay Facilitates $4.1M Sale Of Retail Property In Coventry, RI
30 Centre of New England Boulevard, Coventry, RI 02816
$4,100,000
$189/SF
Building Size
21,600 SF
Asset Type
Retail
Closing
Jan 21, 2022
About this deal
AI
The retail property located at 30 Centre of New England Blvd in Coventry, RI has been sold for a price of $4,100,000. The property spans an area of 21,600 square feet, resulting in a price per square foot of $190. The transaction took place on January 21, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,100,000
- Square Footage: 21,600
- Price per Square Foot: $190
- Address: 30 Centre of New England Blvd, Coventry, RI
- Market: Coventry, RI
The sale of this retail property was facilitated by broker Bob Horvath and Todd Tremblay from the agency Horvath & Tremblay.
Players
Coventry Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93