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Ezzi Property Group Refinances Multifamily Property In Boston, MA For $855K

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FINANCED
$855,000

Massachusetts

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MultiFamily3,601 SF
Financed 04/14/2022
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FINANCED

Ezzi Property Group Refinances Multifamily Property In Boston, MA For $855K

28 Mount Ida Road, Dorchester, Massachusetts 02122, United States

See Similar Deals
MultiFamily3,601 SF
Financed 04/14/2022
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$237
Total Square Footage:3,601 SF
Transaction Type:Loan

The multifamily property located at 28 Mt Ida Rd in Boston, MA has been involved in a loan transaction. The property comprises 3 units and spans across 3,601 square feet.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $855,000
  • Loan Type: Refinance
  • Asset Type: Multifamily
  • Units: 3
  • Square Footage: 3,601
  • Market: Boston, MA

The loan for this property was obtained for an amount of $855,000. The refinance loan was secured by Ezzi Property Group, the landlord of the property. Jake Cremmen from FinanceBoston represented the property owner in securing the loan.

Players

Jake Cremmen
13 deals$38.3M volume
BROKER

LANDLORD

Details

FINANCED
IMAGE: Jake Cremmen DATE: 04/14/2022 ADDRESS: 28 Mt Ida Rd MARKET: Boston, MA ASSET TYPE: Multifamily ~ UNITS: 3 ~ SF: 3,601 LANDLORD: Ezzi Property Group (@EzziPropertyGroup) BROKER: Jake Cremmen (@Jake_Cremmen_FB) - FinanceBoston LOAN AMOUNT: $855,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$855,000.00

Monthly NOI$5,700.00
Monthly Debt Service$5,404.18
Change in Cash Flow$0.00
Refinance Proceeds$0.00