Updated Dec 20, 2023
Samuel H. Slater Acquires Multifamily Property For $12M In Boston
16 Marlborough Street, Boston, MA, USA
$12,000,000
$1,933/SF
Building Size
6,207 SF
Asset Type
MultiFamily
Closing
Sep 19, 2021
About this deal
AI
The multifamily property located at 16 Marlborough St in Boston, MA has been sold. The sale took place on September 20, 2021.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $12,000,000
- Number of Units: 3
- Price per Unit: $4,000,000
- Square Footage: 6,207
- Price per Square Foot: $1,933
The buyer and seller in this transaction is Samuel H. Slater.
The multifamily sale at 16 Marlborough Street, Boston, MA, USA in Boston, Massachusetts sold for $12M in 2021. Reported inventory is 6,207 square feet across 3 units, or about 1.9K per square foot. This page is the Boston, Massachusetts file for the 16 Marlborough Street, Boston, MA, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 16 Marlborough Street, Boston, MA, USA around 2021. Published consideration for 16 Marlborough Street, Boston, MA, USA is $12M, dated 2021. Cite this Samuel H. Slater Acquires Multifamily Property For $12M In Boston sale when underwriting similar multifamily product around Boston, Massachusetts.
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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