Updated Oct 28, 2024
Oriolus LLC Acquires Multifamily Property In Boston, MA For $3.8M
265 Clarendon St, Boston, Massachusetts, USA
$3,800,000
$1,175/SF
Building Size
3,232 SF
Asset Type
MultiFamily
Closing
Jul 22, 2021
About this deal
AI
The multifamily property located at 265 Clarendon St in Boston, MA has recently been sold for a total price of $3,800,000. This property spans across 3,232 square feet, resulting in a price per square foot of $1,176. With a total of 5 units, each unit was sold for an average price of $760,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,800,000
- Address: 265 Clarendon St, Boston, MA
- Market: Boston, MA
- Square Footage: 3,232
- Price Per Square Foot: $1,176
- Units: 5
- Price Per Unit: $760,000
The seller of the property was Selmasson Holdings LLC, while the buyer was Oriolus LLC.
Players
Boston 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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93