Sean Packard Of Centre Realty Group Represents Buyer In Brighton Multifamily Sale For $3.45M
133 141 Tremont Street
$3,450,000
$405/SF
Building Size
8,500 SF
Asset Type
MultiFamily
Closing
Feb 18, 2025
AI
The property asset involves a multifamily unit located at 133-141 Tremont Street, Brighton, MA. The sale price for this transaction was $3,450,000, consisting of 5 units with a price per unit of $690,000. The total square footage is 8,500, resulting in a price per square foot of $405.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,450,000
- Units: 5
- Price per Unit: $690,000
- Square Footage: 8,500
- Price per Square Foot: $405
- Buyer's Representative: Sean Packard - Centre Realty Group
- Seller's Representative: Peter Racheotes - Rock Hill Residential Group
This transaction involved significant collaboration between the representatives. Sean Packard from Centre Realty Group acted as the buyer's representative, while Peter Racheotes from Rock Hill Residential Group represented the seller, solidifying their roles in this multifamily asset transaction.
Players
Brighton 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
4.60%
Cash-on-Cash
-1.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93