Updated Sep 9, 2024
Berkshire Hathaway HomeServices Sells Multifamily Property In South Yarmouth For $4.5M With Buyer's Rep Bob Churchill & Seller's Rep Sharon Mabile & Tony Guthrie
180 South St South Yarmouth, MA 02664, USA
$4,495,000
$665/SF
Building Size
6,756 SF
Asset Type
MultiFamily
Closing
Sep 1, 2023
About this deal
AI
A multifamily property located at 180 South Street in South Yarmouth, Massachusetts, was recently sold for $4,495,000. The property spans 6,756 square feet, resulting in a price per square foot of $665.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,495,000
- Address: 180 South Street
- Market: South Yarmouth, MA
The buyer, represented by Bob Churchill of Buyer Brokers of Cape Cod and Churchill Associates Inc., successfully acquired the property. On the other hand, the seller was represented by Sharon Mabile and Tony Guthrie of Berkshire Hathaway HomeServices Robert Paul Properties.
This lucrative deal highlights the expertise and professionalism of all parties involved. With the buyer's representative diligently working to secure the transaction, and the seller's representatives effectively negotiating the terms, the sale of this multifamily property in South Yarmouth was successfully completed.
Players
South Yarmouth 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
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93