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240 South Main Street, Attl...

Realty World Related Realty Group Acquires Multifamily Property On S Main St For $1.6M
SOLDMultiFamily

Realty World Related Realty Group Acquires Multifamily Property On S Main St For $1.6M

240 South Main Street, Attleboro, Massachusetts 02703, United States

$1,562,500

$255/SF

Building Size

6,128 SF

Asset Type

MultiFamily

Closing

Mar 9, 2022

AI

A multifamily property located at 240 S Main Street in Attleboro, MA has been sold in a recent transaction. The property spans approximately 6,128 square feet with a price per square foot of $255. The sale price for the property was $1,562,500.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,562,500
  • Address: 240 S Main Street, Attleboro, MA
  • Market: Attleboro, MA
  • Square Footage: 6,128

Jiva Segaran from Realty World Related Realty Group acted as the buyer's representative in the transaction. The seller's representative was The Boss Team from Berkshire Hathaway HomeServices Evolution Properties.

Players

Jiva Segaran

Broker

$2.8M

vol

2 deals

Broker

Attleboro 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

10.15%

Cash-on-Cash

-2.90%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93