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:
- Property Type: Development Site
- Transaction Amount: $11,000,000
- Address: 6 Elkins Street
- Market: South Boston, MA
- Square Footage: 34,512
- Price Per Square Foot: $318
- Buyer: Don Dunham
- Broker Representatives: Christopher Lawrence, Ben Hux, Jon Bryant, John Flaherty, Scott Carpenter, Anthony Nakhle - JLL
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
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