Updated Mar 11, 2025
Sean Kelly-Rand Of RD Advisors Provides $540k Acquisition Loan For Mixed-Use Property In Brockton, MA
340 Pleasant Street, Brockton, Massachusetts 02301, United States
$540,000
$115/SF
Building Size
4,678 SF
Asset Type
Mixed-use
Closing
Feb 16, 2022
About this deal
AI
The mixed-use property located at 340 Pleasant St in Brockton, MA has been acquired in a closed transaction. The property spans approximately 4,678 square feet and is situated in the Brockton market.
Summary of transation details
- Property Type: Mixed use
- Transaction Amount: $540,000
- Address: 340 Pleasant St, Brockton, MA
- Market: Brockton
- Square Footage: 4,678
The lender for this acquisition loan is Sean Kelly-Rand from RD Advisors. RD Advisors specializes in loan requests for non-owner occupied residential and commercial properties in Massachusetts. It provides a streamlined loan submission process that can be completed in under 5 minutes through their website (www.rd.loans).
Players
Brockton Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
29.38%
Cash-on-Cash
-8.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93