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Omar Regalado & Nathan Carroll Facilitate $1.05M Multifamily Sale In Fall River, MA

Property Image
SOLD
$1,050,000

Massachusetts

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MultiFamily6,532 SF
Sold 03/22/2024
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Property Image
SOLD

Omar Regalado & Nathan Carroll Facilitate $1.05M Multifamily Sale In Fall River, MA

1273 South Main Street

See Similar Deals
MultiFamily6,532 SF
Sold 03/22/2024
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$160
Total Square Footage:6,532 SF
Transaction Type:Sale

1273 South Main Street in Fall River, MA, a multifamily property spanning 6,532 square feet, was recently sold for $1,050,000. The transaction involved 6 units with a price per unit of $175,000 and a price per square foot of $161.

Summary of transaction details:

Omar Regalado of Cedar Wood Realty Group represented the buyer, while Nathan Carroll of Lion Gate Real Estate represented the seller in this transaction at 1273 South Main Street in Fall River, MA.

Players

Nathan Carroll
1 deal$1.1M volume(774) 526-1780
BROKER

Omar Regalado
Cedar Wood Realty Group
1 deal$1.1M volume(508) 292-7989
BROKER

Details

SOLD
IMAGE: Nathan Carroll & Omar Regalado DATE: 03/22/2024 ADDRESS: 1273 South Main Street MARKET: Fall River, MA ASSET TYPE: Multifamily BUYER'S REP: Omar Regalado (@IamOmarRegalado) - Cedar Wood Realty Group (@CedarWoodLLC) SELLER'S REP: Nathan Carroll (@MoneyCashCribs21) - Lion Gate Real Estate SALE PRICE: $1,050,000 UNITS: 6 ~ PPU: $175,000 SF: 6,532 ~ PPSF: $161 NOTE: 273 South Main Street in Fall River, MA, a multifamily property, was sold for $1,050,000, with Omar Regalado of Cedar Wood Realty Group representing the buyer and Nathan Carroll of Lion Gate Real Estate representing the seller in the transaction.

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

$55,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,730.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,977.54
Annual Debt Service$59,730.43