Mike Bouboulis Buys Multifamily Property In Arlington From Jayna Manzelli For $3.33M
15a Jason Street
$3,330,000
$318/SF
Building Size
10,450 SF
Asset Type
MultiFamily
Closing
Jul 28, 2026
AI
The property asset involved in the transaction is a multifamily building located at 15-15A Jason St, Arlington, MA. The sale price of the property reached $3,330,000, which corresponds to $277,500 per unit across its 12 units. The building encompasses a total square footage of 10,450, resulting in a price per square foot of $318.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,330,000
- Units: 12
- Price Per Unit: $277,500
- Square Footage: 10,450
- Price Per Square Foot: $318
- Buyer: Mike Bouboulis
- Seller: Jayna Manzelli
- Brokers: Dennis Kelleher & John Pentore - Horvath & Tremblay
The deal included key individuals such as the buyer Mike Bouboulis and the seller Jayna Manzelli. The brokers overseeing the transaction were Dennis Kelleher and John Pentore from Horvath & Tremblay, representing the respective parties in this multifamily sale.
Players
Arlington 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
4.76%
Cash-on-Cash
-1.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93