Updated Dec 21, 2023
Boston Trust Realty Group Acquires Mixed-Use Property In Fall River, MA For $700,000
257 Columbia St, Fall River, Massachusetts, USA
$700,000
$40/SF
Building Size
17,480 SF
Asset Type
Mixed-use
Closing
Jun 30, 2020
About this deal
AI
The mixed-use property located at 243-257 Columbia St in Fall River, MA has been sold for a price of $700,000. The transaction took place on June 30, 2021. The property spans a total area of 17,480 square feet, which translates to a price per square foot of $40.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $700,000
The sale of this property was facilitated by Andre Collins from Boston Trust Realty Group. Collins represented the parties involved in the deal and played a pivotal role in ensuring a successful transaction.
Fall River Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
22.66%
Cash-on-Cash
-6.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93