Gabriel Ochoa Acquires Multifamily Property In Revere, MA For $1.1M
237 Oakwood Avenue, Revere, Massachusetts 02151, United States
$1,096,974
$276/SF
Building Size
3,968 SF
Asset Type
MultiFamily
Closing
Jan 30, 2022
AI
A multifamily property located at 237 Oakwood Ave in Revere, MA was recently sold for a total price of $1,096,974. The property spans a total square footage of 3,968, resulting in a price per square foot of $276. The sale of this multifamily asset was facilitated by broker Gabriel Ochoa from United Brokers.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,096,974
- Address: 237 Oakwood Ave, Revere, MA
- Market: Revere, MA
- Square Footage: 3,968
- Price per Square Foot: $276
Gabriel Ochoa, representing United Brokers, played a key role in the successful sale of this multifamily property.
Players
Revere 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
14.46%
Cash-on-Cash
-4.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93