West Light Development Acquires Office Property On Bedford Street In Middleboro, MA For $4.6M
44 Bedford St, Collingwood Vic 3066, Australia
$4,600,000
$502/SF
Building Size
9,148 SF
Asset Type
Office
Closing
Aug 13, 2020
About this deal
AI
Located at 44 Bedford Street in Middleboro, MA, this office property was recently sold in a closed transaction. The sale took place on August 14, 2020, with ABC Commercial Properties as the seller and West Light Development as the buyer. The property was marketed by Colliers International.
Summary of Transaction Details:
- Property Type: Office
- Sale Price: $4,600,000
- Market: Middleboro, MA
The sale of this office property at 44 Bedford Street marks a significant transaction in Middleboro, MA. The property, with its prime location, attracted the attention of buyers in the market. West Light Development successfully acquired the property from ABC Commercial Properties for the price of $4,600,000. The deal was facilitated by Colliers International, ensuring a smooth transaction for both parties involved.
Players
Melbourne 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
3.45%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93