SOLDMultiFamily
Horvath & Tremblay And United Multi Family Corp Sell Lynn, MA Multifamily For $3.4M
135-139 Lawton Avenue, Lynn, Massachusetts 01902, United States
$3,400,000
$278/SF
Building Size
12,210 SF
Asset Type
MultiFamily
Closing
Jun 22, 2022
AI
The multifamily property located at 135-139 Lawton Ave in Lynn, MA has recently been sold for a price of $3,400,000. The transaction took place on 06/23/2022.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $3,400,000
- Units: 17 ~ Price per Unit: $200,000
- Square Footage: 12,210 ~ Price per Square Foot: $278
- Address: 135-139 Lawton Ave, Lynn, MA
- Market: Lynn, MA
The deal was facilitated by brokers Stephen Girolamo from Horvath & Tremblay and Rich Cawley from United Multi Family Corp.
Players
Lynn 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
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93