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209 Pleasant Street, Brockt...

Updated Dec 21, 2023

Jamal Adrien & Damond Hughes Acquire Multifamily Property In Brockton, MA For $840K
SOLDMultiFamily

Jamal Adrien & Damond Hughes Acquire Multifamily Property In Brockton, MA For $840K

209 Pleasant Street, Brockton, Massachusetts 02301, United States

$840,000

$211/SF

Building Size

3,976 SF

Asset Type

MultiFamily

Closing

Apr 27, 2022

About this deal

AI

A multifamily property located at 209 Pleasant St in Brockton, MA has been sold for $840,000. The property consists of 4 units with a total square footage of 3,976. The price per unit was $210,000 and the price per square foot was $211.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $840,000
  • Address: 209 Pleasant St, Brockton, MA
  • Market: Brockton, MA

The buyer's representatives for the transaction were Jamal Adrien and Damond Hughes from Compass. On the other hand, Mark Maraglia from Exit Realty represented the seller.

On the Map

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$840,000

$211/SF

MultiFamily

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Players

Jamal Adrien

Compass

Broker

$3.2M

vol

3 deals

Broker

Brockton MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $211 per square foot on a published $840K for 3,976 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

18.88%

Cash-on-Cash

-5.40%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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