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

/

11 Pattys Way, Lynn, MA, USA

Updated Oct 28, 2024

LOZA Properties, LLC Sells Multifamily Property In Lynn, MA For $1.375M
SOLDMultiFamily

LOZA Properties, LLC Sells Multifamily Property In Lynn, MA For $1.375M

11 Pattys Way, Lynn, MA, USA

$1,375,000

$217/SF

Building Size

6,330 SF

Asset Type

MultiFamily

Closing

Nov 18, 2021

About this deal

AI

Located at 11 Patty’s Way in Lynn, MA, this property is a multifamily asset with a total of 6 units. The property spans across 6,330 square feet, offering an average of 1,055 square feet per unit. The sale of this property was facilitated by Stephen Girolamo from Horvath & Tremblay on behalf of the seller, LOZA Properties, LLC. The transaction took place on November 18, 2021, with both the asking price and the sale price set at $1,375,000.

Summary of transaction details:

This transaction showcases the successful collaboration between LOZA Properties, LLC as the seller and their representative, Stephen Girolamo from Horvath & Tremblay. With a total of 6 units, this multifamily property offers potential investors a valuable opportunity in the Lynn, MA market.

Players

Stephen Girolamo

Horvath & Tremblay

Broker

$334.5M

vol

100 deals

Broker
LL
LOZA Properties, LLCSeller

Lynn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $217 per square foot on a published $1.4M for 6,330 square feet (2021).

Visit Stephen Girolamo to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.54%

Cash-on-Cash

-3.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets