Updated Dec 21, 2023
Metrowest Commercial Re Llc Brokers $2.25M Multifamily Sale In Millis, MA
335 Village Street, Millis, MA, USA
$2,250,000
$187/SF
Building Size
12,000 SF
Asset Type
MultiFamily
Closing
Nov 19, 2021
About this deal
AI
A multifamily property located at 335-341 Village St in Millis, MA has been sold for a price of $2,250,000. The property is situated on a 1.24-acre lot and offers a total of 12,000 square feet of space. The sale was facilitated by broker Eric Brosler from Metrowest Commercial Re Llc.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,250,000
- Address: 335-341 Village St, Millis, MA
- Market: Millis, MA
- ACRES: 1.24
The transaction, which took place on 11/19/2021, involved the sale of a multifamily property with a sale price of $2,250,000. Eric Brosler from Metrowest Commercial Re Llc represented the parties involved in the deal. The property spans a total of 12,000 square feet, with a price per square foot of $188.
Players
Millis 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
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93