Mark Beliveau Of Merrimack Realty Group Acquires Multifamily Property In Salisbury, MA For $1.19M
264 North End Boulevard, Salisbury, MA 01952
$1,190,000
$317/SF
Building Size
3,746 SF
Asset Type
MultiFamily
Closing
May 28, 2020
AI
The multifamily property located at 264 N End Blvd in Salisbury, MA has been sold for a price of $1,190,000. The property spans across 3,746 square feet, resulting in a price per square foot of $318. The transaction took place on 05/28/2021.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,190,000
- Address: 264 N End Blvd, Salisbury, MA
- Market: Salisbury, MA
- Seller's Rep: Mark Sullivan - T.A. Sullivan Agency Inc.
- Buyer's Rep: Mark Beliveau - Merrimack Realty Group
- SF: 3,746
- PPSF: $318
Mark Beliveau represented the buyer, Merrimack Realty Group, while Mark Sullivan represented the seller under the agency T.A. Sullivan Agency Inc.
Players
Salisbury 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
13.33%
Cash-on-Cash
-3.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93