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
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