The Broadway Company Acquires 102-Unit Multifamily Property In Marlborough, MA For $17.1M
181 Boston Post Road West, Marlborough, Massachusetts 01752, United States
$17,152,000
Units
102
Asset Type
MultiFamily
Closing
Jun 27, 2022
AI
The multifamily property located at 181 Boston Post Rd W in Marlborough, MA has been sold for a total price of $17,152,000. The sale took place on June 28, 2022. The property sits on a spacious 12.8-acre lot.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $17,152,000
- Date: 06/28/2022
- Address: 181 Boston Post Rd W, Marlborough, MA
- Market: Marlborough, MA
- Asset Type: Multifamily
- Acres: 12.8
The buyer of the property is The Broadway Company, represented by Tana E. Weissman.
The multifamily property consists of 102 units, and the price per unit is $168,157.
Players
Marlborough 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
0.92%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93