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11 Villa St, Haverhill, Mas...

Barry Finegold Acquires Multifamily Property In Haverhill, MA For $6.1M
SOLDMultiFamily

Barry Finegold Acquires Multifamily Property In Haverhill, MA For $6.1M

11 Villa St, Haverhill, Massachusetts, USA

$6,100,000

$206/SF

Building Size

29,587 SF

Asset Type

MultiFamily

Closing

Oct 15, 2021

AI

11 Villa St is a multifamily property located in Haverhill, MA. The property was sold on 10/15/2021 for a price of $6,100,000. It consists of 32 units, offering an average price per unit (PPU) of $190,625. The total square footage of the property is 29,587, making the price per square foot (PPSF) approximately $206.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,100,000
  • Address: 11 Villa St
  • Market: Haverhill, MA

The buyer of the property is Barry Finegold, while Trident Management acted as the seller. The deal was facilitated by the brokers Jonathan Bryant, Christopher Sower, John Flaherty, Bruce Lusa, and Kevin Jones from Cushman & Wakefield.

Players

Bruce Lusa

Cushman & Wakefield

Broker

$899.9M

vol

62 deals

Broker
TM
Trident ManagementSeller

Haverhill 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

2.60%

Cash-on-Cash

-0.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93