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41-43 White Place

Phoenix Real Estate Partners Acquires Multifamily Property In Brookline, MA For $1.9M
SOLDMultiFamily

Phoenix Real Estate Partners Acquires Multifamily Property In Brookline, MA For $1.9M

41-43 White Place

$1,915,000

$540/SF

Building Size

3,543 SF

Asset Type

MultiFamily

Closing

Jun 6, 2024

AI

A multifamily property located at 41-43 White Place in Brookline, MA, was recently sold for $1,915,000. This property consists of 3 units, with a total square footage of 3,543, resulting in a price per unit of $638,333 and a price per square foot of $541.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,915,000
  • Units: 3
  • Square Footage: 3,543
  • Price Per Unit: $638,333
  • Price Per Square Foot: $541
  • Address: 41-43 White Place, Brookline, MA
  • Market: Brookline, MA
  • Buyer's Representative: Phoenix Real Estate Partners
  • Seller's Representative: Carleton Ashley - Compass

The sale of the multifamily property at 41-43 White Place in Brookline, MA, for $1,915,000 was made possible through the representation of the buyer by Phoenix Real Estate Partners and Carleton Ashley of Compass representing the seller.

Players

Carleton Ashley

Compass

Broker

$16.3M

vol

9 deals

Broker

Brookline 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

8.28%

Cash-on-Cash

-2.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93