Updated Sep 9, 2024
Hakim Sadler's Boston Trust Realty Group Acquires Multifamily Property In Boston For $4.2M
12 American Legion Hwy, Boston, MA, USA
$4,200,000
$241/SF
Building Size
17,370 SF
Asset Type
MultiFamily
Closing
May 18, 2021
About this deal
AI
The multifamily property located at 12 American Legion Hwy in Boston, MA has been sold for $4,200,000. The sale took place on May 19, 2021. The property spans across 17,370 square feet with a price per square foot of $242.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,200,000
- Date: 05/19/2021
- Address: 12 American Legion Hwy
- Market: Boston, MA
- Broker: Hakim Sadler - Boston Trust Realty Group, MIG Realty
Hakim Sadler from Boston Trust Realty Group and MIG Realty served as the brokers for this transaction.
Players
Boston 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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93