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6 Elkins Street

Don Dunham Purchases Development Site At 6 Elkins Street South Boston For $11 Million
SOLDDevelopment Site

Don Dunham Purchases Development Site At 6 Elkins Street South Boston For $11 Million

6 Elkins Street

$11,000,000

$318/SF

Building Size

34,512 SF

Asset Type

Development Site

Closing

Feb 4, 2026

AI

The development site located at 6 Elkins Street in South Boston, MA, was sold for a total of $11,000,000. This property encompasses 34,512 square feet, resulting in a price per square foot of $318.

Summary of transaction details:

The transaction was facilitated by a team of brokers from JLL, comprising Christopher Lawrence, Ben Hux, Jon Bryant, John Flaherty, Scott Carpenter, and Anthony Nakhle, representing the buyer, Don Dunham, in this deal.

Players

John Flaherty

JLL

Broker

$797.1M

vol

56 deals

Broker

South Boston Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.44%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93