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George Dabney Purchases Multifamily Property In Roxbury, MA For $6.15M

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SOLD
$6,150,000

Massachusetts

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MultiFamily23,983 SF
Sold 04/12/2021
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Property Image
SOLD

George Dabney Purchases Multifamily Property In Roxbury, MA For $6.15M

304-308 Dudley St, Roxbury, MA, USA

See Similar Deals
MultiFamily23,983 SF
Sold 04/12/2021
Contact now

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.

Players

4 deals$19.2M volume
BUYER

Details

SOLD
IMAGE: George Dabney DATE: 04/12/2021 ADDRESS: 304-308 Dudley St MARKET: Roxbury, MA ASSET TYPE: Multifamily SELLER: 1293-1295 Ma Avenue Llc BUYER: George Dabney SALE PRICE: $6,150,000 SF: 23,983 ~ PPSF: $256

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Deal Type
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