George Dabney Purchases Multifamily Property In Roxbury, MA For $6.15M
SOLD
$6,150,000
Massachusetts
See Similar DealsMultiFamily23,983 SF
Sold 04/12/2021
SOLD
George Dabney Purchases Multifamily Property In Roxbury, MA For $6.15M
304-308 Dudley St, Roxbury, MA, USA
See Similar DealsMultiFamily23,983 SF
Sold 04/12/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$256
Total Square Footage:23,983 SF
Transaction Type:Sale
The multifamily property located at 304-308 Dudley St in Roxbury, MA has been sold. The transaction took place on 04/12/2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,150,000
- Square Footage: 23,983
- Price per Square Foot: $256
- Address: 304-308 Dudley St, Roxbury, MA
- Market: Roxbury, MA
The seller of the property was 1293-1295 Ma Avenue Llc, and the buyer was George Dabney.
George Dabney's representative in the deal was their broker.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$328,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$21,849.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,154.14
Annual Debt Service$349,849.65
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