facebook
Traded Co logo
Submit
Daily limit: 0/10

Lisa Mulvey Of Berkshire Hathaway HomeServices Represents Buyer In Chicopee Multifamily Sale

Property Image
SOLD
$1,400,000

Massachusetts

See Similar Deals
MultiFamily24,668 SF
Sold 06/28/2024
the dealplayerscompscontact
Property Image
SOLD

Lisa Mulvey Of Berkshire Hathaway HomeServices Represents Buyer In Chicopee Multifamily Sale

12 Chapman Street & 16 Chapman Street

See Similar Deals
MultiFamily24,668 SF
Sold 06/28/2024
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$56
Total Square Footage:24,668 SF
Transaction Type:Sale

A multifamily building located at 12-16 Chapman Street in Chicopee, MA 01013, was sold for $1,400,000. The property consists of 16 units, including 15 two-bedroom units and 1 three-bedroom unit, with a total square footage of 12,334. The price per unit was $87,500, and the price per square foot was $114.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,400,000
  • Units: 16
  • Square Footage: 12,334
  • Price Per Unit: $87,500
  • Price Per Square Foot: $114
  • Address: 12-16 Chapman Street, Chicopee, MA 01013
  • Market: Chicopee, MA

The deal was facilitated by Lisa Mulvey of Berkshire Hathaway HomeServices, representing the buyer, and Robert Couture of CP Property Group, representing the seller. The transaction took place on June 28, 2024.

Players

Robert "Bob" Couture
3 deals$4.6M volume
BROKER

Details

SOLD
IMAGE: Robert Couture DATE: 06/28/2024 ADDRESS: 12-16 Chapman Street MARKET: Chicopee, MA ASSET TYPE: Multifamily BUYER'S REP: Lisa Mulvey - Berkshire Hathaway HomeServices (@BHHSRealEstate) SELLER'S REP: Robert Couture (@BCouture73) - CP Property Group SALE PRICE: $1,400,000 UNITS: 16 ~ PPU: $87,500 SF: 12,334 ~ PPSF: $114 NOTE: 12-16 Chapman St, Chicopee, MA 01013, sold for $1,400,000, featuring a multifamily building with 15 two-bedroom units and 1 three-bedroom unit.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$74,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,973.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,636.71
Annual Debt Service$79,640.57