Updated Dec 4, 2024
Stella Shlayen Of Trio Realty Group Represents Buyer In $1.15M New Bedford Multifamily Sale
114 County Street & 116a County Street
$1,150,000
$97/SF
Building Size
5,911 SF
Asset Type
MultiFamily
Closing
Jul 18, 2024
About this deal
AI
A multifamily property located at 114-116a County Street in New Bedford, MA, has been sold for $1,150,000. The property spans an area of 5,911 square feet, resulting in a price per square foot of $195.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Square Footage: 5,911
- Price per Square Foot: $195
- Address: 114-116a County Street
- Market: New Bedford, MA
- Buyer's Representative: Stella Shlayen - Trio Realty Group
- Seller's Representative: Ted Peris - High Rise Real Estate
The transaction was facilitated by Stella Shlayen, representing the buyer from Trio Realty Group, and Ted Peris, who represented the seller from High Rise Real Estate.
Players
New Bedford 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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93