UEP Second LLC Acquires Multifamily Property On 266 River Street In Waltham For $2.3M
266 River St, Waltham, MA
$2,325,000
$375/SF
Building Size
6,191 SF
Asset Type
MultiFamily
Closing
Apr 23, 2020
AI
Located at 266 River Street in Waltham, this multifamily property was recently sold for $2,325,000. Spanning across 6,191 square feet, the property was purchased by UEP Second LLC from 266 River Street LLC. The sale price translates to approximately $375 per square foot.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,325,000
Evan Griffith, Tony Pepdjonovic, and Jeremy Buckley from Marcus & Millichap represented both the buyer and the seller in this transaction.
Players
Waltham 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
6.82%
Cash-on-Cash
-1.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93