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14 Pierce St, Foxboro, Mass...

Marcus & Millichap Sells Foxborough Multifamily Property For $3.25M With Buyer's Rep Evan Griffith, Tony Pepdjonovic & Jeremy Buckley
SOLDMultiFamily

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

Building Size

Asset Type

MultiFamily

Closing

Feb 7, 2022

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

Jeremy Buckley

Marcus & Millichap

Broker

$55.8M

vol

12 deals

Broker

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