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
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