Updated Aug 25, 2026
Matthew Marshall Of MGM Capital Acquires Multifamily Property In Boston For $13.5M
181 Commonwealth Avenue
$13,500,000
$1,109/SF
Building Size
12,171 SF
Asset Type
MultiFamily
Closing
Jun 15, 2025
About this deal
AI
The property involved in this transaction is a multifamily asset located at 181 Commonwealth Avenue in Boston, MA. The sale price for the property was $13,500,000. It encompasses a total square footage of 12,171 square feet, resulting in a price per square foot of $1,109.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $13,500,000
- Address: 181 Commonwealth Avenue
- Market: Boston, MA
- Square Footage: 12,171
- Price per Square Foot: $1,109
- Buyer: Matthew Marshall - MGM Capital
- Seller: Louis F Musco
- Buyer's Representative: Jeffrey N Shuman - Luxury Residential Group
- Seller's Representative: Paul Gleason
This transaction was facilitated by Matthew Marshall from MGM Capital as the buyer, and Louis F Musco as the seller. Jeffrey N Shuman from Luxury Residential Group represented the buyer, while Paul Gleason represented the seller in this deal.
Players
Boston 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
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93