Updated Sep 30, 2025
DSF Group Acquires Multifamily Property In Haverhill, MA For $77M
40 Locke Street, Haverhill, Massachusetts 01830, United States
$77,000,000
Units
305
Asset Type
MultiFamily
Closing
Aug 2, 2022
About this deal
AI
The multifamily property located at 40 Locke St in Haverhill, MA has been sold in a transaction for a total price of $77,000,000. The property consists of 305 units, resulting in a per unit price of $252,459. The sale took place on 08/03/2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $77,000,000
- Address: 40 Locke St, Haverhill, MA
- Market: Haverhill, MA
The buyer of the property is an affiliate of DSF Group, while the seller is Brookfield Properties. The transaction was facilitated by the brokers Simon Butler, Biria St. John, and John McLaughlin from CBRE.
Please note that no additional information was provided regarding the property or the individuals involved in the deal.
On the Map
$77,000,000
MultiFamily
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Players
Haverhill 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
0.21%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93