Marcus & Millichap Sells Grant Street Complex In Framingham, MA For $6.4M
115 Grant Street
$6,400,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 25, 2023
AI
The Grant Street Complex in Framingham, Massachusetts has been sold for $6.4 million, according to Marcus & Millichap. This multifamily property consists of 26 units, with an average price per unit of $246,154. The complex is located at 115 Grant Street in the Framingham market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,400,000
- Units: 26
- Price per Unit: $246,154
- Address: 115 Grant Street, Framingham, MA
- Market: Framingham, MA
Evan Griffith, Jeremy Buckley, and Tony Pepdjonovic from Marcus & Millichap represented the buyers and sellers in this transaction.
Players
Ellsworth 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
2.48%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93