Updated Dec 4, 2024
Caroline Ligotti Sells Plymouth Multifamily Portfolio For $4.6M
18 Forest Avenue Court, 22 Forest Avenue Court & 40 Bourne Street
$4,635,000
$84/SF
Building Size
18,240 SF
Asset Type
MultiFamily
Closing
Nov 10, 2023
About this deal
AI
An 18-unit multifamily portfolio consisting of 4 buildings on Forest Ave Court and Bourne Street in Plymouth, MA, has been successfully sold for $4.6 million. The portfolio was sold by Caroline Ligotti of Boston City Group. The total square footage of the portfolio is 18,240 with a price per square foot of $254.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,635,000
- Address: 18-22 Forest Avenue Court & 40 Bourne Street, Plymouth, MA
- Market: Plymouth, MA
- Seller: Caroline Ligotti - Boston City Group
- Square Footage: 18,240
- Price per Square Foot: $254
This transaction marks the successful sale of an 18-unit multifamily portfolio in Plymouth, MA. Caroline Ligotti, representing Boston City Group, played a key role in the deal. The sale price of $4.6 million reflects the value of the portfolio, which includes 4 buildings located on Forest Ave Court and Bourne Street.
Players
Plymouth 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
3.42%
Cash-on-Cash
-0.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93