Updated Oct 28, 2024
Xiaowen Yang, Xiaozhen Zhong & Fenghai Liu Acquire Multifamily Property In South Boston For $1.9M
206 H St, South Boston, Boston, MA, USA
$1,925,000
$290/SF
Building Size
6,619 SF
Asset Type
MultiFamily
Closing
Sep 30, 2021
About this deal
AI
An apartment building located at 202, 204, & 206 H St in South Boston, MA has been sold in a recent transaction. The multifamily property consists of 9 units, with a total square footage of 6,619. The sale price for the property was $1,925,000, resulting in a price per unit of $213,889 and a price per square foot of $290.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,925,000
- Units: 9
- Price per Unit: $213,889
- Square Footage: 6,619
- Price per Square Foot: $290
The buyers of the property are Xiaowen Yang, Xiaozhen Zhong, and Fenghai Liu. They acquired the property from Jpom Investment 3 Llc and Mvc Property 8 Llc.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.24%
Cash-on-Cash
-2.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93