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13 Nahant Avenue, Revere, M...

Northeast Private Client Group Facilitates $2.7M Multifamily Sale In Revere, MA
SOLDMultiFamily

Northeast Private Client Group Facilitates $2.7M Multifamily Sale In Revere, MA

13 Nahant Avenue, Revere, Massachusetts 02151, United States

$2,725,000

Building Size

Asset Type

MultiFamily

Closing

Jan 27, 2022

AI

A multifamily property located at 13 Nahant Ave in Revere, MA has been sold for a price of $2,725,000. The transaction took place on January 28, 2022. The property is part of the Revere market.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,725,000
  • Address: 13 Nahant Ave, Revere, MA
  • Market: Revere, MA

The deal was facilitated by Francis Saenz and Drew Kirkland from Northeast Private Client Group, who acted as brokers in the transaction. They represented the buyer and seller in the deal.

Players

Drew Kirkland

NorthEast Private Client Group

Broker

$94.8M

vol

18 deals

Broker

Revere 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

5.82%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93