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EXP Realty's David Li Facilitates Sale Of MultiFamily Property In Brighton, MA For $1.3M

Property Image
SOLD
$1,300,000
Jay Liu
David Li

Massachusetts

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MultiFamily2,608 SF
Sold 08/31/2023
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Property Image
SOLD

EXP Realty's David Li Facilitates Sale Of MultiFamily Property In Brighton, MA For $1.3M

101-103 Colborne Road

See Similar Deals
MultiFamily2,608 SF
Sold 08/31/2023
Jay Liu
David Li
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$498
Total Square Footage:2,608 SF
Transaction Type:Sale

A multifamily property located at 101-103 Colborne Road in Brighton, MA, was sold for a total amount of $1.3 million. The property, with a size of 2,608 square feet, was purchased at a rate of $498 per square foot.

Summary of transation details

  • Property Type: MultiFamily
  • Transaction Amount: $1,300,000
  • Location: 101-103 Colborne Road, Brighton, MA
  • Market: Brighton, MA
  • Buyer's Representative: David Li - EXP Realty
  • Seller's Representative: Jay Liu - Jiang Hua Liu

The transaction involved David Li from EXP Realty representing the buyer and Jay Liu from Jiang Hua Liu representing the seller. This successful sale marks the collaboration between both parties, resulting in the purchase of the multifamily property at a competitive price per square foot.

Players

Jay Liu
Jay Liu
1 deal$1.3M volume(617) 642-8668
BROKER
David Li
EXP Realty
David Li
1 deal$1.3M volume(617) 372-2720
BROKER

Details

SOLD
IMAGE: Jay Liu & David Li DATE: 08/31/2023 ADDRESS: 101-103 Colborne Road MARKET: Brighton, MA ASSET TYPE: MultiFamily BUYER'S REP: David Li (@David88Lee) - EXP Realty (@EXPRealty_) SELLER'S REP: Jay Liu - Jiang Hua Liu SALE PRICE: $1,300,000 SF: 2,608 ~ PPSF: $498 NOTE: A multifamily property located at 101-103 Colborne Road in Brighton, MA, was sold for $1.3 million. The transaction involved buyer's representative David Li from EXP Realty and seller's representative Jay Liu, resulting in a sale price of $498 per square foot for the 2,608-square-foot property.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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