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181 Commonwealth Avenue

Matthew Marshall Of MGM Capital Acquires Multifamily Property In Boston For $13.5M
SOLDMultiFamily

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

AI

The property asset involved in this transaction is a multifamily building located at 181 Commonwealth Avenue in Boston, MA. The sale price for this property was $13,500,000, with a total square footage of 12,171, 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 highlights the involvement of notable individuals in the real estate market, with Matthew Marshall representing MGM Capital as the buyer. Louis F Musco was the seller of the property, while Jeffrey N Shuman from Luxury Residential Group and Paul Gleason served respectively as the representatives for the buyer and seller in this deal.

Players

Paul Gleason

Broker

$57.2M

vol

6 deals

Broker
Luxury Residential Group
Luxury Residential GroupBrokerage
Matthew Marshall

Matthew Marshall

Buyer

$147.4M

vol

27 deals

Buyer

Boston 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

1.18%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93