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1273 South Main Street

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

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

1273 South Main Street

$1,050,000

$160/SF

Building Size

6,532 SF

Asset Type

MultiFamily

Closing

Mar 22, 2024

AI

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

Lion Gate Real Estate

Broker

$1.1M

vol

1 deal

Broker

Fall River 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

15.11%

Cash-on-Cash

-4.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93