Historic Roosevelt Apartments Sold In New Bedford For $8.675M With Marcus & Millichap As Brokers
415 County Street
$8,675,000
Building Size
—
Asset Type
MultiFamily
Closing
Apr 24, 2026
AI
The Roosevelt Apartments is a historic multifamily building located at 415 County Street in New Bedford, MA. This 73-unit property was sold for a total transaction price of $8,675,000, resulting in a price per unit of $118,836.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $8,675,000
- Units: 73
- Price Per Unit: $118,836
- Address: 415 County Street
- Market: New Bedford, MA
- Brokers: Evan Griffith & Tony Pepdjonovic - Marcus & Millichap
Evan Griffith and Tony Pepdjonovic represented the transaction on behalf of Marcus & Millichap, successfully brokering the sale and sourcing the buyer for the property.
Players
New Bedford MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.83%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93