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Groma Team Acquires Multifamily In Roxbury For $2.05M

Property Image
SOLD
$2,050,000
Scott Johnson
Seth Priebatsch

Massachusetts

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MultiFamily6,062 SF
Sold 08/08/2023
the dealplayerscompscontact
Property Image
SOLD

Groma Team Acquires Multifamily In Roxbury For $2.05M

31 Juniper St Boston, MA 02119, USA

See Similar Deals
MultiFamily6,062 SF
Sold 08/08/2023
Scott Johnson
Seth Priebatsch
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$338
Total Square Footage:6,062 SF
Transaction Type:Sale

A multifamily property located at 31-35 Juniper Street in Roxbury, MA, was sold for $2,050,000 on August 8, 2023. The transaction involved a total space of 6,062 square feet at a price per square foot of $338.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $2,050,000
  • Address: 31-35 Juniper Street
  • Market: Roxbury, MA
  • Buyer's Rep: Groma Team - Groma Realty, LLC - Seth Priebatsch
  • Seller's Rep: The Residential Group - William Raveis Real Estate - Scott Johnson

The Groma Team, representing the buyer, and The Residential Group from William Raveis Real Estate, representing the seller, were the key individuals and companies involved in the transaction.

Players

Scott Johnson
William Raveis Real Estate
Scott Johnson
7 deals$56M volume
BROKER
Seth Priebatsch
Seth Priebatsch
5 deals$62.4M volume(855) 476-6291
BROKER

Details

SOLD
IMAGE: Seth Priebatsch & Scott Johnson DATE: 08/08/2023 ADDRESS: 31-35 Juniper Street MARKET: Roxbury, MA ASSET TYPE: Multifamily BUYER'S REP: Groma Team - Groma Realty, LLC - Seth Priebatsch (@SethPriebatsch) SELLER'S REP: The Residential Group - William Raveis Real Estate (@TheResidentialGroup) - Scott Johnson SALE PRICE: $2,050,000 SF: 6,062 ~ PPSF: $338 NOTE: A multifamily property located at 31-35 Juniper Street in Roxbury, MA, was sold for $2,050,000 on August 8, 2023. The transaction involved a total space of 6,062 square feet at a price per square foot of $338, with the Groma Team representing the buyer and The Residential Group from William Raveis Real Estate representing the seller.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$109,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,283.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,718.05
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