SOLDMultiFamily
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
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
Loading comparables…
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