Updated Dec 21, 2023
Steffen Panzone Acquires 16-Unit Multifamily Property In North Attleboro For $2.8M
131 Chestnut Street, North Attleboro, MA, USA
$2,800,000
$3,733/SF
Building Size
750 SF
Asset Type
MultiFamily
Closing
Nov 19, 2020
About this deal
AI
The multifamily property located at 131 Chestnut Street in North Attleboro, MA has been sold for a total price of $2,800,000. The transaction took place on November 20, 2020. The property consists of 16 units, with a price per unit of $175,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,800,000
- Units: 16
- Price per Unit: $175,000
The seller of the property was Mike Bedard, while the buyer was Steffen Panzone. The sale was facilitated by brokers Kurt Cawley and Jim Barry from United Multi Family.
On the Map
$2,800,000
$3,733/SF
MultiFamily
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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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93