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20 Cooper Street, Waltham, ...

GID Real Estate Investments Acquires Multifamily Property In Waltham, MA For $139M
SOLDMultiFamily

GID Real Estate Investments Acquires Multifamily Property In Waltham, MA For $139M

20 Cooper Street, Waltham, MA, USA

$139,000,000

$837/SF

Building Size

165,986 SF

Asset Type

MultiFamily

Closing

Dec 6, 2020

AI

A multifamily property located at 20 Cooper Street in Waltham, MA, was recently sold for a total price of $139,000,000. The property consists of 264 units, with an average price per unit (PPU) of $526,515. The sale was finalized on December 7, 2020.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $139,000,000
  • Address: 20 Cooper Street, Waltham, MA
  • Market: Waltham, MA
  • Buyer: GID Real Estate Investments

GID Real Estate Investments was the buyer in this transaction. They acquired the property for a significant amount, reflecting the high demand and value of multifamily assets in Waltham, MA. This purchase adds to their growing portfolio in the area.

Players

GI
GID Real Estate InvestmentsBuyer

Waltham 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

0.11%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93