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
$1,015,000
$132/SF
Building Size
7,692 SF
Asset Type
MultiFamily
Closing
Jan 23, 2024
AI
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
- Property Type: Multifamily
- Transaction Amount: $1,015,000
- Address: 364-368 Green Street
- Market: Clinton, MA
- Buyer's Representative: Kevin Kalaghan - ROVI Homes
- Seller's Representative: Albert Bouchie - Coldwell Banker
- Square Footage: 7,692
- Price per Square Foot: $132
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
Clinton 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
15.63%
Cash-on-Cash
-4.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93