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Hakim Sadler's Boston Trust Realty Group Acquires Multifamily Property In Boston For $4.2M

Property Image
SOLD
$4,200,000

Massachusetts

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MultiFamily17,370 SF
Sold 05/19/2021
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Property Image
SOLD

Hakim Sadler's Boston Trust Realty Group Acquires Multifamily Property In Boston For $4.2M

12 American Legion Hwy, Boston, MA, USA

See Similar Deals
MultiFamily17,370 SF
Sold 05/19/2021
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$241
Total Square Footage:17,370 SF
Transaction Type:Sale

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

Hakim Sadler
MIG Realty
Hakim Sadler
34 deals$68.3M volume
BROKER
Boston Trust Realty Group
Boston Trust Realty Group
BROKERAGE

Details

SOLD
IMAGE: Hakim Sadler DATE: 05/19/2021 ADDRESS: 12 American Legion Hwy MARKET: Boston, MA ASSET TYPE: Multifamily BROKER: Hakim Sadler - Boston Trust Realty Group (@BTRealtygroup), MIG Realty (@MIGRealty) SALE PRICE: $4,200,000 SF: 17,370 ~ PPSF: $242

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$223,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,921.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,910.14
Annual Debt Service$238,921.71