facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

12-16 Border Street, Lynn, ...

Nicholas Daher And Fergal Woods Acquire Lynn MultiFamily From Gordan Hall For $8.37M
SOLDMultiFamily

Nicholas Daher And Fergal Woods Acquire Lynn MultiFamily From Gordan Hall For $8.37M

12-16 Border Street, Lynn, Ma, 01905

$8,367,000

$323/SF

Building Size

25,890 SF

Asset Type

MultiFamily

Closing

Jul 29, 2026

AI

The property asset involved in this transaction is a MultiFamily located at 12-16 Border Street, Lynn, MA. The sale price for the property was $8,367,000, which encompasses 36 units within a total square footage of 25,890. The price per unit is calculated at $232,416, while the price per square foot stands at $323.

Summary of transaction details:

This transaction features the collaborative efforts of brokers Stephen Girolamo, Dennis Kelleher, and John Pentore from Horvath & Tremblay, who facilitated the deal between the buyer, Nicholas Daher and Fergal Woods, and the seller, Gordan Hall.

Players

Dennis Kelleher

Horvath & Tremblay

Broker

$570.4M

vol

98 deals

Broker
Nicholas Daher

Nicholas Daher

Buyer

$49.9M

vol

14 deals

Buyer

Gordan Hall

Seller

$12.8M

vol

2 deals

Seller

Lynn 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

1.90%

Cash-on-Cash

-0.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93