Updated Dec 4, 2024
J. Vallee Realty Acquires Fall River Multifamily For $1.25M With Buyer's Rep Jon Taylor & Seller's Rep Mateus Silva
379 Columbia Street & 385 Columbia Street
$1,250,000
$63/SF
Building Size
9,849 SF
Asset Type
MultiFamily
Closing
Oct 31, 2023
About this deal
AI
A multifamily property located at 379 and 385 Columbia Street in Fall River, MA has been sold for $1.25 million. The property consists of a total of 9,849 square feet.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Address: 379 & 385 Columbia Street, Fall River, MA
- Market: Fall River, MA
The buyer in this transaction was represented by Jon Taylor from J. Vallee Realty, while Mateus Silva from Re/Max Impact represented the seller.
Please note that the transaction was completed on 31st October 2023.
Players
Fall River 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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93