Colliers International Secures $42M Loan For Plymouth Multifamily With Landlord A.D. Makepeace Company & Campanelli, Inc
210 Wareham Rd, Plymouth, Massachusetts, USA
$42,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 16, 2021
AI
A multifamily property located at 210 Wareham Rd in Plymouth, MA was involved in a closed transaction on 03/17/2021. The property, owned by A.D. Makepeace Company & Campanelli, Inc., consists of 184 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $42,000,000
- Address: 210 Wareham Rd
- Market: Plymouth, MA
The deal was facilitated by Colliers International brokers Jeff Black, Kevin Phelan, Sean Burke, and Bryan Koop. They represented the parties involved in the transaction, including the landlord, A.D. Makepeace Company & Campanelli, Inc.
Players
Plymouth MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93