Updated Dec 4, 2024
Manny Lindo Of Highland Real Estate Group Represents Buyer In $2.2M Fall River Multifamily Sale
293 Crescent Street
$2,200,000
$431/SF
Building Size
5,100 SF
Asset Type
MultiFamily
Closing
Oct 2, 2024
About this deal
AI
A six-family property located at 293 Crescent Street in Fall River, MA, was sold for $2.2 million. The asset has a total square footage of 5,100 and a price per square foot of $431, with a projected gross income of $300,000+.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,200,000
- Square Footage: 5,100
- Price per Square Foot: $431
- Address: 293 Crescent Street
- Market: Fall River, MA
The transaction involved Manny Lindo representing the buyer through Highland Real Estate Group, while Vasco C Cabral represented the seller via Keller Williams Realty.
Players
Fall River 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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93