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21 Walnut Street, Quincy, M...

Updated Dec 19, 2023

Stone Horse Properties Acquires Quincy, MA Multifamily For $3.4M
SOLDMultiFamily

Stone Horse Properties Acquires Quincy, MA Multifamily For $3.4M

21 Walnut Street, Quincy, Massachusetts 02171, United States

$3,400,000

$583/SF

Building Size

5,832 SF

Asset Type

MultiFamily

Closing

Jan 20, 2022

About this deal

AI

A multifamily property located at 21 Walnut St in Quincy, MA has been sold for a total price of $3,400,000. The property offers 5,832 square feet of space, resulting in a price per square foot of $583. The transaction took place on January 21, 2022, and the buyer was represented by Jim Shaw from Stone Horse Properties Group - Access, while the seller was represented by Dot Collection - Access.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,400,000
  • Address: 21 Walnut St
  • Market: Quincy, MA
  • Square Footage: 5,832
  • Price per Square Foot: $583
  • Buyer's Representative: Jim Shaw - Stone Horse Properties Group - Access
  • Seller's Representative: Dot Collection - Access

Jim Shaw from Stone Horse Properties Group - Access played a crucial role in representing the buyer in this transaction. Meanwhile, Dot Collection - Access acted as the seller's representative. The engagement of these individuals and agencies contributed to the successful sale of the multifamily property at 21 Walnut St in Quincy, MA.

Players

Jim Shaw

Broker

$3.4M

vol

1 deal

Broker

Quincy MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $583 per square foot on a published $3.4M for 5,832 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.67%

Cash-on-Cash

-1.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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