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ROVI Homes Acquires Multifamily Property In Clinton, MA For $1.015M With Buyer's Rep Kevin Kalaghan & Seller's Rep Albert Bouchie

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SOLD
$1,015,000

Massachusetts

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MultiFamily7,692 SF
Sold 01/23/2024
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Property Image
SOLD

ROVI Homes Acquires Multifamily Property In Clinton, MA For $1.015M With Buyer's Rep Kevin Kalaghan & Seller's Rep Albert Bouchie

364-368 Green Street

See Similar Deals
MultiFamily7,692 SF
Sold 01/23/2024
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$132
Total Square Footage:7,692 SF
Transaction Type:Sale

In Clinton, MA, a multifamily property located at 364-368 Green Street was sold for $1,015,000. The property is a 7,692 square foot multifamily asset with a price per square foot of $132. The transaction was facilitated by Kevin Kalaghan of ROVI Homes, who represented the buyer, and Albert Bouchie of Coldwell Banker, who acted as the seller's representative.

Summary of transaction details

This transaction showcases the successful collaboration between Kevin Kalaghan of ROVI Homes, representing the buyer, and Albert Bouchie of Coldwell Banker, acting as the seller's representative. The sale of the multifamily property at 364-368 Green Street in Clinton, MA, for $1,015,000 highlights the value and potential of this investment opportunity.

Players

Albert Bouchie
1 deal$1M volume(617) 908-6775
BROKER

Kevin Kalaghan
ROVI Homes
1 deal$1M volume(508) 682-4719
BROKER

Details

SOLD
IMAGE: Kevin Kalaghan & Albert Bouchie DATE: 01/23/2024 ADDRESS: 364-368 Green Street MARKET: Clinton, MA ASSET TYPE: Multifamily BUYER'S REP: Kevin Kalaghan (@KevinKalaghan) - ROVI Homes (@RoviHomes) SELLER'S REP: Albert Bouchie (@AlBouchie) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $1,015,000 SF: 7,692 ~ PPSF: $132 NOTE: In Clinton, MA, a multifamily property located at 364-368 Green Street was sold for $1,015,000. Kevin Kalaghan of ROVI Homes represented the buyer, while Albert Bouchie of Coldwell Banker acted as the seller's representative in the transaction.

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

$54,133.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,606.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,811.62
Annual Debt Service$57,739.41