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:
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Address: 1273 South Main Street
- Market: Fall River, MA
- Units: 6
- Price per Unit: $175,000
- Total Square Footage: 6,532
- Price per Square Foot: $161
- Buyer's Rep: Omar Regalado - Cedar Wood Realty Group
- Seller's Rep: Nathan Carroll - Lion Gate Real Estate
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
Fall River 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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93