Updated Dec 19, 2023
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
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
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93