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266 River St, Waltham, MA

Updated Oct 29, 2024

UEP Second LLC Acquires Multifamily Property On 266 River Street In Waltham For $2.3M
SOLDMultiFamily

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

About this deal

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.

The multifamily sale at 266 River St, Waltham, MA in Waltham, Massachusetts sold for $2.3M in 2020. The building is 6,191 square feet, implying about 375 per square foot on the published price. Tony Pepdjonovic, Evan Griffith, Jeremy Buckley, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Waltham, Massachusetts file for the 266 River St, Waltham, MA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Waltham sit in the Market section below. Filter that Waltham multifamily set by closing date to see what else sold near 266 River St, Waltham, MA around 2020. Published consideration for 266 River St, Waltham, MA is $2.3M, dated 2020. Cite this UEP Second LLC Acquires Multifamily Property On 266 River Street In Waltham For $2.3M sale when underwriting similar multifamily product around Waltham, Massachusetts.

Players

Jeremy Buckley

Marcus & Millichap

Broker

$55.8M

vol

12 deals

Broker

Waltham MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $375 per square foot on a published $2.3M for 6,191 square feet (2020).

Visit Tony Pepdjonovic to view all their deals.

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

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