Updated Dec 4, 2024
Jim Holbrook Of BHHS Commonwealth Represents Buyer In $1.4M Multifamily Sale In Hudson MA
20 Loring Street & 30 Loring Street
$1,400,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 23, 2024
About this deal
AI
A multi-family property located at 20-30 Loring Street in Hudson, MA, has been sold for $1.4M. This portfolio features a 4-bedroom home along with five 2-bedroom townhouses, comprising a total of 14 beds and 7 baths, situated on a well-frequented downtown street.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,400,000
- Buyer's Representative: Jim Holbrook - BHHS Commonwealth R.E./ Robert Paul Prop
- Seller's Representative: Tony Cabral - Coldwell Banker
The transaction involved key representatives, with Jim Holbrook representing the buyer from BHHS Commonwealth R.E./ Robert Paul Prop, while Tony Cabral acted on behalf of the seller through Coldwell Banker.
Players
Hudson 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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93