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18-20 Royal St, Allston, Bo...

Updated Dec 20, 2023

Clark Q. Pan Acquires Multifamily Property In Allston, MA For $1.15M
SOLDMultiFamily

Clark Q. Pan Acquires Multifamily Property In Allston, MA For $1.15M

18-20 Royal St, Allston, Boston, MA, USA

$1,150,000

$357/SF

Building Size

3,214 SF

Asset Type

MultiFamily

Closing

Jun 29, 2021

About this deal

AI

The multifamily property located at 18-20 Royal St in Allston, MA has been sold in a transaction that closed on June 30, 2021. The property spans a total square footage of 3,214, resulting in a price per square foot of $358. The sale price for this asset was $1,150,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,150,000
  • Address: 18-20 Royal St, Allston, MA
  • Market: Allston, MA
  • Square Footage: 3,214
  • Price Per Square Foot: $358

The seller of the property was Harvey Wilk, while the buyer was Clark Q. Pan. Additional details regarding the deal's key individuals and companies are not available.

Players

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $357 per square foot on a published $1.2M for 3,214 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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