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164 Hampshire Street

Nicholas Spagnola & Massis Khoumjian Acquire Multifamily Asset In Holyoke For $1.367M
SOLDMultiFamily

Nicholas Spagnola & Massis Khoumjian Acquire Multifamily Asset In Holyoke For $1.367M

164 Hampshire Street

$1,367,000

$60/SF

Building Size

22,500 SF

Asset Type

MultiFamily

Closing

Feb 6, 2026

AI

The asset involved in the transaction is a multifamily property located at 164 Hampshire Street in Holyoke, MA. The property, comprising 25 units, spans a total square footage of 22,500. The sale was finalized for a price of $1,367,000, resulting in a price per unit of $54,680 and a price per square foot of $60.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,367,000
  • Units: 25
  • Square Footage: 22,500
  • Price Per Unit: $54,680
  • Price Per Square Foot: $60
  • Buyer: Nicholas Spagnola & Massis Khoumjian
  • Buyer's Representative: Massis Khoumjian - Coldwell Banker
  • Transaction Date: 2/6/2026

The transaction involves Nicholas Spagnola and Massis Khoumjian as the buyers, with Massis Khoumjian also serving as their representative through Coldwell Banker. The specific details of the representation highlight the professional involvement in facilitating the deal.

Players

Massis Khoumjian

Coldwell Banker

Broker

$19.4M

vol

11 deals

Broker

Nicholas Spagnola

Buyer

$3.5M

vol

2 deals

Buyer

Holyoke 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

11.60%

Cash-on-Cash

-3.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93