TheGoldmanGroup LLC Acquires Fall River Multifamily For $1M
112 Short Street, Fall River, Massachusetts 02720, United States
$1,000,000
$198/SF
Building Size
5,040 SF
Asset Type
MultiFamily
Closing
Jul 27, 2022
AI
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
Fall River 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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93