Ron Ifrah Of Longwood Residential Represents Buyer In North Attleboro Multifamily Sale For $2.575M
13 Richards Avenue, 35 Circular Street & 37 Circular Street
$2,575,000
$84/SF
Building Size
30,324 SF
Asset Type
MultiFamily
Closing
Aug 7, 2024
AI
This multifamily asset located at 13 Richards Avenue and 35-37 Circular Street in North Attleboro, MA was sold for $2,575,000. The total square footage of the properties is 10,108, with a price per square foot of $255. The portfolio comprises a total of 28 beds and 12.5 baths.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $2,575,000
- Square Footage: 10,108
- Address: 13 Richards Avenue, 35-37 Circular Street
- Market: North Attleboro, MA
- Price per Square Foot: $255
- Total Beds: 28
- Total Baths: 12.5
- Buyer's Representative: Ron Ifrah - Longwood Residential
- Seller's Representative: The Joni Shore Group - Douglas Elliman Real Estate
In this transaction, Ron Ifrah represented the buyer, while The Joni Shore Group, affiliated with Douglas Elliman Real Estate, represented the seller. This collaboration facilitated the successful closing of the deal.
Players
North Attleboro 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
6.16%
Cash-on-Cash
-1.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93