Multifamily Property In Brighton, MA Sold For $1.1M With Buyer's Rep And Seller's Rep
40 Presentation Road & 42 Presentation Road
$1,095,000
$218/SF
Building Size
5,012 SF
Asset Type
MultiFamily
Closing
Dec 21, 2023
AI
A multifamily property located at 40-42 Presentation Road in Brighton, MA has been successfully sold for $1,095,000. The transaction involved representation from Yueji Hall of Blue Ocean Realty as the buyer's representative and Matt Gorman of Edge Realty Advisors as the seller's representative. The property spans 2,506 square feet and was sold at a price per square foot of $437.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,095,000
- Address: 40-42 Presentation Road, Brighton, MA
- Market: Brighton, MA
- Buyer's Representative: Yueji Hall - Blue Ocean Realty
- Seller's Representative: Matt Gorman - Edge Realty Advisors
- Square Footage: 2,506
- Price per Square Foot: $437
The buyer's representative in this deal was Yueji Hall from Blue Ocean Realty. On the other hand, Matt Gorman from Edge Realty Advisors served as the seller's representative. This successful transaction highlights the expertise of these professionals in facilitating the sale of the multifamily property at 40-42 Presentation Road.
Players
Brighton 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
14.49%
Cash-on-Cash
-4.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93