Chukwudera Okoli Acquires Multifamily Property At 282 Walnut Avenue In Boston, MA
282 Walnut Ave, Boston, MA 02119, USA
$2,400,000
$306/SF
Building Size
7,830 SF
Asset Type
MultiFamily
Closing
Aug 13, 2020
AI
The multifamily property located at 282 Walnut Avenue in Boston, MA has been sold. The property spans over 7,830 square feet with a sale price of $2,400,000, resulting in a price per square foot of $307. The transaction was finalized on August 14, 2020. The image of the property is provided by Jorge Sariego.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,400,000
- Address: 282 Walnut Avenue, Boston, MA
- Market: Boston, MA
- Seller: Manny Duran
- Buyer: Chukwudera Okoli
- Seller's Representative: Jorge Sariego - One Realty Group
- Buyer's Representative: Richard Moreno
Jorge Sariego from One Realty Group represented the seller, Manny Duran, in this transaction. The buyer, Chukwudera Okoli, was represented by Richard Moreno.
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93