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112 Short St

TheGoldmanGroup LLC Acquires Multifamily Property In Fall River, MA For $1M
SOLD

TheGoldmanGroup LLC Acquires Multifamily Property In Fall River, MA For $1M

112 Short St

Building Size

Asset Type

Closing

Sep 15, 2022

AI

The multifamily property located at 112 Short St in Fall River, MA has been sold in a transaction that took place on July 28, 2022. The property consists of 6 units with a total square footage of 5,040. The sale price for the property was $1,000,000, resulting in a price per unit of $166,667 and a price per square foot of $198. The buyer of the property was TheGoldmanGroup LLC, represented by Rafael Goldman, Charles Goldman, and Aryeh Goldman. The seller of the property was 112 Short LLC. The sale was facilitated by Tim McGeary from Northeast Private Client Group.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,000,000
  • Address: 112 Short St, Fall River, MA
  • Market: Fall River, MA
  • Units: 6
  • Price per Unit: $166,667
  • Total Square Footage: 5,040
  • Price per Square Foot: $198

Rafael Goldman, Charles Goldman, and Aryeh Goldman, representing TheGoldmanGroup LLC, acted as the buyers in this transaction. On the other hand, 112 Short LLC served as the seller. Tim McGeary, from Northeast Private Client Group, acted as the broker in the deal.

Players

TL
TheGoldmanGroup LLCBuyer

Aryeh Goldman

TheGoldmanGroup LLC

Buyer

$67.2M

vol

5 deals

Buyer
1L
112 short LLCSeller

Fall River CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93