Tracy Campion Of Campion & Company Fine Homes Real Estate Sells Multifamily Property On Commonwealth Ave For $12M
146 Commonwealth Avenue, Worcester, MA 01604
$12,000,000
$1,118/SF
Building Size
10,730 SF
Asset Type
MultiFamily
Closing
Aug 30, 2021
AI
The multifamily property located at 146 Commonwealth Ave in Boston, MA has been sold for a total sale price of $12,000,000. Tracy Campion of Campion & Company Fine Homes Real Estate represented the parties involved in this transaction. The property spans across 10,730 square feet, resulting in a price per square foot of $1,118.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $12,000,000
- Address: 146 Commonwealth Ave, Boston, MA
- Market: Boston, MA
- Broker: Tracy Campion - Campion & Company Fine Homes Real Estate
- Square Footage: 10,730
- Price per Square Foot: $1,118
Tracy Campion, from Campion & Company Fine Homes Real Estate, facilitated the sale of this multifamily property located in Boston, MA. With their expertise in the local market, Campion & Company Fine Homes Real Estate ensured a successful transaction for all parties involved.
Players
Worcester 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
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93