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28-30 Hillis Road, Hyde Par...

Prime| Solutions - R.E. Holdings Acquires Multifamily Property In Hyde Park For $1.885M
SOLDMultiFamily

Prime| Solutions - R.E. Holdings Acquires Multifamily Property In Hyde Park For $1.885M

28-30 Hillis Road, Hyde Park, Massachusetts, USA

$1,885,000

$334/SF

Building Size

5,637 SF

Asset Type

MultiFamily

Closing

Feb 17, 2021

AI

The multifamily property located at 28-30 Hillis Road in Hyde Park, MA was recently sold for a price of $1,885,000. The property has a total square footage of 5,637, resulting in a price per square foot of $334. The sale took place on February 18, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,885,000
  • Address: 28-30 Hillis Road, Hyde Park, MA
  • Market: Hyde Park, MA

The seller of the property was Daled Props LLC, while the buyer was Prime| Solutions - R.E. Holdings & Management, LLC. The transaction was facilitated by Hakim Sadler from the Multifamily Investment Group at Boston Trust Realty Group.

Players

Hakim Sadler

MIG Realty

Broker

$68.3M

vol

34 deals

Broker
Boston Trust Realty Group
Boston Trust Realty GroupBrokerage

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

8.42%

Cash-on-Cash

-2.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93