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189 Babcock Street, Brookli...

Aprilian Inc. Acquires Multifamily Property In Brookline, MA For $2.8M
SOLDMultiFamily

Aprilian Inc. Acquires Multifamily Property In Brookline, MA For $2.8M

189 Babcock Street, Brookline, MA, USA

$2,800,000

$441/SF

Building Size

6,342 SF

Asset Type

MultiFamily

Closing

Feb 24, 2021

AI

The multifamily property located at 189 Babcock Street in Brookline, MA was sold for a total price of $2,800,000. The transaction took place on February 25, 2021. The property spans a total square footage of 6,342, resulting in a price per square foot of $442.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,800,000
  • Address: 189 Babcock Street, Brookline, MA
  • Market: Brookline, MA

The seller's representative for this transaction was Christine Do from Keller Williams Realty, while the buyer's representative was the Aprilian Homes Team from Aprilian Inc.

Players

Christine Do

Keller Williams Realty

Broker

$12.5M

vol

8 deals

Broker

Brookline 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

5.67%

Cash-on-Cash

-1.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93