facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

105 School Street, Springfi...

Keller Williams Realty Acquires Multifamily Property In Springfield, MA For $2.1M
SOLDMultiFamily

Keller Williams Realty Acquires Multifamily Property In Springfield, MA For $2.1M

105 School Street, Springfield, Massachusetts 01105, United States

$2,100,000

$116/SF

Building Size

18,000 SF

Asset Type

MultiFamily

Closing

Aug 9, 2022

AI

The multifamily property located at 105-111 School St in Springfield, MA has been sold for a price of $2,100,000. The property spans across 18,000 square feet, resulting in a price per square foot of $117. The transaction took place on August 10, 2022.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,100,000
  • Street Address: 105-111 School St
  • Market: Springfield, MA

Tanisha Salmon from Keller Williams Realty represented the buyer in this sale, while Pablo Ottenwalder from Lock & Key Realty Inc. represented the seller.

Players

Pablo Ottenwalder

Broker

$6.5M

vol

3 deals

Broker

Springfield MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.55%

Cash-on-Cash

-2.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93