Updated Oct 28, 2024
CBRE Acquires Multifamily Property In Boxborough, MA With Beaver Brook, LLC As Seller
1 Paddock Lane, Boxboro, Massachusetts 01719, United States
Building Size
115,000 SF
Asset Type
MultiFamily
Closing
Feb 24, 2022
About this deal
AI
A multifamily property located at 1 Paddock Ln in Boxborough, MA has been sold. The property consists of 244 units with a total square footage of 115,000. The sale of this multifamily asset was facilitated by the brokers Simon Butler, Biria St. John, and John McLaughlin from CBRE. The transaction took place on February 25, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not provided
- Address: 1 Paddock Ln, Boxborough, MA
- Market: Boxborough, MA
- Seller: Beaver Brook, LLC
- Brokers: Simon Butler, Biria St. John, and John McLaughlin - CBRE
- Units: 244
- Total Square Footage: 115,000
The sale of this multifamily property was successfully carried out with the assistance of the brokers Simon Butler, Biria St. John, and John McLaughlin from CBRE. These professionals played a vital role in securing the deal and ensuring its smooth completion.
Players
Boxborough MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93