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Chowder Realty LLC Acquires Multifamily Asset From Feretti Group For $1,029,500 In North Attleboro

Property Image
SOLD
$1,029,500

Massachusetts

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MultiFamily
Sold 10/02/2017
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Property Image
SOLD

Chowder Realty LLC Acquires Multifamily Asset From Feretti Group For $1,029,500 In North Attleboro

111 115 East St

See Similar Deals
MultiFamily
Sold 10/02/2017
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Transaction Type:Sale

The property involved in this transaction is a MultiFamily asset located at 111 115 East St in North Attleboro. The transaction was completed at a price of $1,029,500.00.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,029,500.00
  • Address: 111 115 East St
  • Market: North Attleboro
  • Buyer: Chowder Realty Llc
  • Seller: Feretti Group
  • Broker: Roberto Magno - Castlearch Property Advisors

This transaction highlights the involvement of Chowder Realty Llc as the buyer and Feretti Group as the seller. The brokerage firm representing the deal is Castlearch Property Advisors, with Roberto Magno serving as the broker for this transaction.

Players

Roberto Magno
Castlearch Property Advisors
Roberto Magno
13 deals$21.8M volume
BROKER

Details

SOLD
IMAGE: 10/02/2017 ADDRESS: 111 115 East St MARKET: North Attleboro ASSET TYPE: MultiFamily BROKERS: Roberto Magno(Castlearch Property Advisors ) BUYER: Chowder Realty Llc SELLER: Feretti Group PRICE: $1,029,500.00

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$54,906.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,657.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,880.36
Annual Debt Service$58,564.26