Updated Sep 9, 2024
Berkshire Hathaway HomeServices Acquires Provincetown Multifamily For $2M
25 Conant Street, Provincetown, Massachusetts 02657, United States
$2,000,000
$870/SF
Building Size
2,298 SF
Asset Type
MultiFamily
Closing
Jul 14, 2022
About this deal
AI
An multifamily property located at 25 Conant St in Provincetown, MA was recently sold for $2,000,000. The property spans approximately 2,298 square feet, resulting in a price per square foot of $870.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Address: 25 Conant St
- Market: Provincetown, MA
The buyer in this transaction was represented by Brett Holmes from Kinlin Grover Compass, while the seller was represented by Scott Powell from Berkshire Hathaway HomeServices Robert Paul Properties.
The multifamily sale at 25 Conant Street, Provincetown, Massachusetts 02657, United States in Provincetown, Massachusetts sold for $2M in 2022. The building is 2,298 square feet, implying about 870 per square foot on the published price. Scott Powell, Brett Holmes, Berkshire Hathaway HomeServices, Compass appear on the sale alongside Berkshire Hathaway HomeServices, Compass. This page is the Provincetown, Massachusetts file for the 25 Conant Street, Provincetown, Massachusetts 02657, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Provincetown sit in the Market section below. Filter that Provincetown multifamily set by closing date to see what else sold near 25 Conant Street, Provincetown, Massachusetts 02657, United States around 2022. Published consideration for 25 Conant Street, Provincetown, Massachusetts 02657, United States is $2M, dated 2022. Cite this Berkshire Hathaway HomeServices Acquires Provincetown Multifamily For $2M sale when underwriting similar multifamily product around Provincetown, Massachusetts.
Players
Provincetown 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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93