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TheGoldmanGroup LLC Acquires Fall River Multifamily For $1M

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SOLD
$1,000,000

Massachusetts

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MultiFamily5,040 SF
Sold 07/28/2022
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Property Image
SOLD

TheGoldmanGroup LLC Acquires Fall River Multifamily For $1M

112 Short Street, Fall River, Massachusetts 02720, United States

See Similar Deals
MultiFamily5,040 SF
Sold 07/28/2022
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$198
Total Square Footage:5,040 SF
Transaction Type:Sale

The multifamily property located at 112 Short St in Fall River, MA has been sold for a total price of $1,000,000. The property consists of 6 units, with a price per unit of $166,667. It spans across a total square footage of 5,040, resulting in a price per square foot of $198.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,000,000
  • Address: 112 Short St, Fall River, MA
  • Market: Fall River, MA
  • Buyer: TheGoldmanGroup LLC - Rafael Goldman, Charles Goldman & Aryeh Goldman
  • Seller: 112 short LLC
  • Broker: Tim McGeary - Northeast Private Client Group
  • Units: 6
  • Price per Unit: $166,667
  • Total Square Footage: 5,040
  • Price per Square Foot: $198

The sale, which took place on July 28, 2022, was facilitated by broker Tim McGeary from Northeast Private Client Group. The buyer, TheGoldmanGroup LLC, represented by Rafael Goldman, Charles Goldman, and Aryeh Goldman, acquired the property from the seller, 112 short LLC.

Players

Tim McGeary
15 deals$67.8M volume
BROKER

BUYER


5 deals$67.2M volume
BUYER

Details

SOLD
IMAGE: 07/28/2022 ADDRESS: 112 Short St MARKET: Fall River, MA ASSET TYPE: Multifamily BUYER: TheGoldmanGroup LLC - Rafael Goldman, Charles Goldman & Aryeh Goldman SELLER: 112 short LLC BROKER: Tim McGeary - Northeast Private Client Group SALE PRICE: $1,000,000 UNITS: 6 ~ PPU: $166,667 SF: 5,040 ~ PPSF: $198

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

$53,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12