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Volnay Capital Acquires Multifamily Property In Dorchester, MA For $2M

Property Image
SOLD
$2,000,000
Lenny Pierce

Massachusetts

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MultiFamily4,036 SF
Sold 09/24/2020
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Property Image
SOLD

Volnay Capital Acquires Multifamily Property In Dorchester, MA For $2M

425 Quincy St, Dorchester, MA 02125, USA

See Similar Deals
MultiFamily4,036 SF
Sold 09/24/2020
Lenny Pierce
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$495
Total Square Footage:4,036 SF
Transaction Type:Sale

The multifamily property located at 425 Quincy Street in Dorchester, MA has been sold for a price of $2,000,000. The property features and is situated in the area. This sale transaction was completed on 09/24/2020.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,000,000
  • Address: 425 Quincy Street, Dorchester, MA
  • Market: Dorchester, MA

The buyer of this property is Volnay Capital, represented by Ricky Beliveau. The transaction was facilitated by Mike Restivo, Kellie Coveney, and Lenny Pierce from JLL.

Players

Lenny Pierce
11 deals$141.1M volume
BROKER

Michael (Mike) Restivo
JLL
29 deals$523.4M volume
BROKER

Details

SOLD
IMAGE: Mike Restivo & Kellie Coveney⁠ DATE: 09/24/2020⁠ ADDRESS: 425 Quincy Street⁠ MARKET: Dorchester, MA⁠ ASSET TYPE: Multifamily ⁠ SALE PRICE: $2,000,000⁠ BUYER: Volnay Capital – Ricky Beliveau⁠ BROKERS: Mike Restivo, Kellie Coveney, & Lenny Pierce – JLL⁠

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

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