Updated Oct 28, 2024
Scully Company Acquires Multifamily Property In Haverhill, MA For $24.4M
170 Washington Street, Haverhill, Massachusetts 01832, United States
$24,379,000
Units
128
Asset Type
MultiFamily
Closing
Jul 7, 2022
About this deal
AI
The multifamily property located at 170 Washington St in Haverhill, MA has been sold for a total price of $24,379,000. The property consists of 128 units, with a price per unit of $190,461. The transaction took place on July 8, 2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $24,379,000
- Address: 170 Washington St, Haverhill, MA
- Market: Haverhill, MA
- Buyer: Scully Company
- Seller: Blackfin Real Estate Investors
- Brokers: Adam Dunn & Chris Phaneuf - Berkadia
- Units: 128
- Price Per Unit: $190,461
The transaction was facilitated by Adam Dunn and Chris Phaneuf from Berkadia, representing both the buyer, Scully Company, and the seller, Blackfin Real Estate Investors.
On the Map
$24,379,000
MultiFamily
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Haverhill 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
0.65%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93