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40 Presentation Road

Multifamily Property In Brighton, MA Sold For $1.1M With Buyer's Rep And Seller's Rep
SOLDMultiFamily

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

Yueji Hall

Blue Ocean Property Management

Broker

$11.3M

vol

7 deals

Broker

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