Century 21 North East And Trinity Real Estate Complete Medford Multifamily Sale
186 Central Avenue
$1,000,000
$325/SF
Building Size
3,073 SF
Asset Type
MultiFamily
Closing
Jun 14, 2024
AI
A multifamily property located at 186-188 Central Avenue in Medford has been sold for $1,000,000. The property spans 3,073 square feet with a price per square foot of $325.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Address: 186-188 Central Avenue
- Market: Medford
- Buyer's Representative: John Miro - Century 21 North East
- Seller's Representative: Dale Brousseau - Trinity Real Estate
John Miro of Century 21 North East represented the buyer in the transaction, while Dale Brousseau of Trinity Real Estate represented the seller for the sale of the multifamily property at 186-188 Central Avenue in Medford.
Players
Medford 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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93