Berkeley Investments Acquires MultiFamily Property In Brighton, MA For $8.4M
44 Soldiers Field Pl Boston, MA 02135, USA
$8,431,916
$84/SF
Building Size
99,660 SF
Asset Type
MultiFamily
Closing
May 8, 2023
AI
The multi-family property located at 44 Soldiers Field Place in Brighton, MA has been sold for a price of $8,431,916. Spanning across 99,660 square feet, the property was sold at an average price per square foot of $85. The transaction took place on May 8, 2023.
Summary of transation details
- Property Type: MultiFamily
- Transaction Amount: $8,431,916
- Address: 44 Soldiers Field Place, Brighton, MA
- Square Footage: 99,660
- Price per Square Foot: $85
- Buyer: Berkeley Investments
- Seller: The Ballas Group
- Brokers: Jonathan Bryant, Christopher Sower, Bruce Lusa, John Flaherty, Kevin Jones, Julie Regan & Mary VanNatta - Cushman & Wakefield
The deal was facilitated by brokers Jonathan Bryant, Christopher Sower, Bruce Lusa, John Flaherty, Kevin Jones, Julie Regan, and Mary VanNatta of Cushman & Wakefield. They played a crucial role in connecting the buyer, Berkeley Investments, with the seller, The Ballas Group.
Players
Boston 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
1.88%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93