Brookline Multifamily Property Sold For $2.02M With Buyer's Rep Jason Saphire & Seller's Rep Deborah M. Gordon
111 University Road
$2,020,000
$557/SF
Building Size
3,624 SF
Asset Type
MultiFamily
Closing
Sep 12, 2023
AI
A multifamily property located at 111 University Road in Brookline, MA has been sold for a price of $2,020,000. This property spans 3,624 square feet and achieved a price per square foot of $557.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,020,000
- Square Footage: 3,624
- Price per Square Foot: $557
- Address: 111 University Road, Brookline, MA
- Market: Brookline, MA
Representing the buyer in this transaction is Jason Saphire from Saphire Hospitality, Inc. On the other hand, Deborah M. Gordon from Coldwell Banker served as the seller's representative.
Players
Brookline 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
7.85%
Cash-on-Cash
-2.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93