Marcus & Millichap Boston Acquires Multifamily Property On High Street In Dalton For $2.6M
447 High St, Dalton, MA 01226, Estados Unidos
$2,600,000
$77/SF
Building Size
33,528 SF
Asset Type
MultiFamily
Closing
Oct 7, 2020
AI
The multifamily property located at 447 High Street in Dalton, MA has been sold for a price of $2,600,000. The property spans a total area of 33,528 square feet, resulting in a price per square foot of $77. The transaction took place on October 8, 2020, with the buyer represented by Matt Pierce of Marcus & Millichap Boston.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,600,000
- Address: 447 High Street, Dalton, MA
- Market: Dalton, MA
- Square Footage: 33,528
- Price per Square Foot: $77
Matt Pierce from Marcus & Millichap Boston played a pivotal role as the broker representing the buyer in this transaction.
Dalton 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
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93