Updated Oct 28, 2024
Pine Ridge Greenfield LLC Acquires Multifamily Property In Greenfield, MA For $12.75M
19 Bradford Drive, Greenfield, Massachusetts, USA
$12,750,000
$128/SF
Building Size
99,000 SF
Asset Type
MultiFamily
Closing
May 5, 2021
About this deal
AI
A multifamily property located at 19 Bradford Drive in Greenfield, MA has been sold in a closed transaction. The property was sold by Corridor Greenfield LLC and purchased by Pine Ridge Greenfield LLC. The transaction was facilitated by Brad Carlson, Taylor Perum, and Drew Kirkland of Northeast Private Client Group.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $12,750,000
- Address: 19 Bradford Drive, Greenfield, MA
- Market: Greenfield, MA
- Square Footage: 99,000
- Price per Square Foot: $129
The sale of this multifamily property marks an important transaction in the real estate market. Brad Carlson, Taylor Perum, and Drew Kirkland from Northeast Private Client Group played a significant role in facilitating the deal on behalf of their client parties.
Players
Greenfield 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
1.24%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93