Updated Oct 29, 2024
Dow Management Sells Agawam & West Springfield Multifamily For $9.25M
238 Maple Street, Agawam, MA, USA
$9,250,000
$215/SF
Building Size
42,843 SF
Asset Type
MultiFamily
Closing
Dec 10, 2020
About this deal
AI
The sale of a multifamily property located at 238 Maple Street & 155 River Street in Agawam & West Springfield, MA has been completed. The transaction took place on 12/11/2020.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $9,250,000
- Market: Agawam & West Springfield, MA
The property, consisting of 115 units, was sold by Dow Management LLC. The brokerage services for this transaction were provided by Tom Boyle and Steve Pappas from Chozick Realty Inc. The sale price achieved for this property was $9,250,000, resulting in a per unit price of $80,435.
On the Map
$9,250,000
$215/SF
MultiFamily
View full map
Players
Agawam MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Tom Boyle to view all their deals.
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.71%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93