Horvath & Tremblay Brokers Facilitate $6.1M Multifamily Sale In Weymouth, MA
31 Vine Street, Weymouth, Massachusetts 02188, United States
$6,100,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 27, 2022
AI
A multifamily property located at 31 Vine St in Weymouth, MA has been sold. The transaction took place on January 28, 2022. The property consists of 29 units and was sold for a total price of $6,100,000, resulting in an average price per unit of $210,345.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $6,100,000
- Address: 31 Vine St
- Market: Weymouth, MA
The sale of this multifamily property was facilitated by Dennis Kelleher, John Pentore, and Jason Kulik, who are brokers representing Horvath & Tremblay.
Players
Weymouth 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
2.60%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93