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293 Crescent Street

Updated Dec 4, 2024

Manny Lindo Of Highland Real Estate Group Represents Buyer In $2.2M Fall River Multifamily Sale
SOLDMultiFamily

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

Vasco C Cabral

Keller Williams Realty

Broker

$4.4M

vol

2 deals

Broker

Fall River MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $431 per square foot on a published $2.2M for 5,100 square feet (2024).

Visit Vasco C Cabral to view all their deals.

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

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