Updated Dec 18, 2023
Marcus & Millichap Sells Foxborough Multifamily Property For $3.25M With Buyer's Rep Evan Griffith, Tony Pepdjonovic & Jeremy Buckley
14 Pierce St, Foxboro, Massachusetts 02035, United States
$3,250,000
Units
16
Asset Type
MultiFamily
Closing
Feb 7, 2022
About this deal
AI
Located at 14-18 Pierce St in Foxborough, MA, this multifamily property was recently sold in a closed transaction. The property consists of 16 units and was sold for a total price of $3,250,000, with a per unit price of $203,125. The transaction was facilitated by brokers Evan Griffith, Tony Pepdjonovic, and Jeremy Buckley from Marcus & Millichap.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,250,000
- Units: 16
- Price Per Unit: $203,125
Evan Griffith, Tony Pepdjonovic, and Jeremy Buckley from Marcus & Millichap played a key role in the successful sale of this multifamily property in Foxborough, MA. Their expertise and professionalism contributed to a smooth transaction process.
Players
Foxboro 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
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93