facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

18 Fitzhenry Square, Revere...

Northeast Private Client Group Sells Multifamily Property In Revere, MA For $3.55M
SOLDMultiFamily

Northeast Private Client Group Sells Multifamily Property In Revere, MA For $3.55M

18 Fitzhenry Square, Revere, Massachusetts 02151, United States

$3,550,000

$352/SF

Building Size

10,084 SF

Asset Type

MultiFamily

Closing

May 26, 2022

AI

An investment property located at 18 Fitzhenry Square in Revere, MA has been sold in a recent transaction. The property is a multifamily asset consisting of 14 units. The sale was facilitated by brokers Francis Saenz, Drew Kirkland, Jim Casey, and Brad Carlson from Northeast Private Client Group. The transaction took place on May 27, 2022, with a sale price of $3,550,000. This translates to an average price per unit of $253,571.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,550,000
  • Number of Units: 14
  • Price Per Unit: $253,571

The deal was successfully executed with the assistance of Francis Saenz, Drew Kirkland, Jim Casey, and Brad Carlson, who represent Northeast Private Client Group. Their expertise and knowledge of the market played a crucial role in facilitating the transaction.

Players

Drew Kirkland

NorthEast Private Client Group

Broker

$94.8M

vol

18 deals

Broker

Revere MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.47%

Cash-on-Cash

-1.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93