Updated Dec 20, 2023
Paiva Real Estate Services Sells Fall River Multifamily For $2.1M With Buyer's Rep Donna Arruda
25 Haffards Street, Fall River, Massachusetts 02723, United States
$2,100,000
$153/SF
Building Size
13,695 SF
Asset Type
MultiFamily
Closing
Jul 12, 2022
About this deal
AI
The multifamily property located at 25 & 37 Haffards St in Fall River, MA has been sold for $2,100,000. The transaction took place on July 13, 2022. The property consists of 5 units, with an average price per unit of $420,000. The total square footage of the property is 13,695, resulting in a price per square foot of $153.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,100,000
- Units: 5
- Price per Unit: $420,000
- Total Square Footage: 13,695
- Price per Square Foot: $153
The buyer's representative in this transaction was Donna Arruda from Prestige Realty Experts Inc. The seller's representative was Christopher Paiva from Paiva Real Estate Services, LLC.
Players
Fall River 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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93