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180 Saint Alphonsus Street

Boston Brokerage Group Acquires Roxbury Multifamily Property For $2.8M
SOLDMultiFamily

Boston Brokerage Group Acquires Roxbury Multifamily Property For $2.8M

180 Saint Alphonsus Street

$2,825,000

$643/SF

Building Size

4,393 SF

Asset Type

MultiFamily

Closing

Jan 22, 2024

AI

In Roxbury, MA, a multifamily property located at 180 Saint Alphonsus Street was sold for $2,825,000. The property has a total square footage of 4,393, resulting in a price per square foot of $643.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,825,000
  • Square Footage: 4,393
  • Price per Square Foot: $643
  • Address: 180 Saint Alphonsus Street, Roxbury, MA

Alp Kantar of Boston Brokerage Group represented the buyer in this transaction, while Mission Realty Advisors of Compass acted as the seller's representative.

Players

Alp Kantar

Boston Brokerage Group

Broker

$28.7M

vol

13 deals

Broker

Roxbury Crossing 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

5.62%

Cash-on-Cash

-1.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93