The Boulos Company Represents $3.95M Sale Of Multifamily Property In Sanford, ME
41 River Street, Sanford, Maine 04073, United States
$3,950,000
$91/SF
Building Size
43,013 SF
Asset Type
MultiFamily
Closing
Apr 24, 2022
AI
A multifamily property located at 41 River St in Sanford, ME, has been sold for $3,950,000. The property spans approximately 43,013 square feet, resulting in a price per square foot of $92.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,950,000
- Square Footage: 43,013
- Price per Square Foot: $92
- Address: 41 River St, Sanford, ME
- Market: Sanford, ME
The sale of this property was facilitated by Joseph Italiaander and Chris Gallagher of The Boulos Company. Their expertise and representation played a crucial role in the successful completion of the transaction.
Note from Broker: This sale is part of a 17-property portfolio in Sanford, ME.
Players
Sanford MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.02%
Cash-on-Cash
-1.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93