Updated Dec 4, 2024
Compass Represents Buyer In $1.1M Quincy Multifamily Sale
209-211 Kendrick Avenue
$1,105,000
$347/SF
Building Size
3,176 SF
Asset Type
MultiFamily
Closing
Oct 18, 2023
About this deal
AI
A multifamily property at 209-211 Kendrick Avenue in Quincy, Massachusetts, was sold for $1,105,000. The property encompasses 3,176 square feet, resulting in a price per square foot of $348.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,105,000
- Address: 209-211 Kendrick Avenue, Quincy, MA
- Market: Quincy, MA
The buyer in this transaction was represented by Kasey McGee of Compass, while the seller was represented by Kimberly Allard of Century 21 Professionals.
It is worth noting that the transaction took place on October 18, 2023, and involved Kimberly Allard of Century 21 Professionals acting as the seller's representative and Kasey McGee of Compass representing the buyer.
Players
Quincy 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
14.36%
Cash-on-Cash
-4.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93