We have another Plaza for sale in the state of Massachusetts with the asking price of $6,000,000. This property has not been listed yet. We were looking to offer it as Confidential off-market private trade to institutional investors and Family Office type groups. This property is also good candidate for 1031 Exchange.

The property has 6 stores with an income of $646,759 and Net Operating Income (NOI) of $414,104; this will put the cap rate at 6.9%. These are as per the actual 2015 operating numbers. The 2016 Budget Net Operating Income is $351,215.(two small stores are vacant-2016. Occupancy Rate is at 85%.). The Plaza has CVS store and Friendly's as an anchor-Long term tenants. This would be a cash cow for the right group. We are ready to provide additional info if interest is shown. The property offers a good opportunity for NOI to be increased substantially. You have to be the investor or direct with the investors.

We also have high quality Multifamily buildings in the pipeline. 

email me at: hdayib@hdcapitals.com

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