Updated Dec 21, 2023
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.
Players
Brockton 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
18.88%
Cash-on-Cash
-5.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93