Almaden, LLC Acquires Multifamily Property In Boston, MA For $1.85M

Located at 39 Edison Green in Boston, MA, this multifamily property was recently sold in a closed transaction. The sale was finalized on January 6, 2021, with Almaden, LLC purchasing the property from Marc Waterfall and Melissa Raynor. The property was listed by Eric Johnson from Mission Realty Advisors Team at Compass.

Summary of transaction details:

• Property Type: Multifamily
• Sale Price: $1,850,000
• Asking Price: $1,850,000
• Number of Units: 3
• Price per Unit: $616,667
• Total Square Footage: 3,474
• Price per Square Foot: $533
• Capitalization Rate (CAP): 6.2%

This transaction involved a multifamily property with a total of 3 units. The property spans across 3,474 square feet, resulting in a price per square foot of $533. The sale price of $1,850,000 was equivalent to the asking price. The capitalization rate for this property is 6.2%. These details highlight the key financial aspects of the transaction.

Eric Johnson from the Mission Realty Advisors Team at Compass represented the sellers, Marc Waterfall and Melissa Raynor, throughout the sale process. Almaden, LLC emerged as the buyer, successfully acquiring the multifamily property. This paragraph provides insight into the key individuals and entities involved in this closed transaction.