Updated Sep 9, 2024
Ron Ifrah Of Longwood Residential Acquires Fall River, MA Multifamily For $1.35M
454 Third Street, Fall River, Massachusetts 02721, United States
$1,350,000
$163/SF
Building Size
8,260 SF
Asset Type
MultiFamily
Closing
Apr 25, 2022
About this deal
AI
The multifamily property located at 454 & 466 Third St in Fall River, MA was sold on 04/26/2022. The property has a total square footage of 8,260. The sale price for the property was $1,350,000, resulting in a price per square foot of $163.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,350,000
- Market: Fall River, MA
- Address: 454 & 466 Third St
Ron Ifrah from Longwood Residential, Llc represented the buyer in this transaction, while Bob Pacheco from Homeport Real Estate represented the seller.
On the Map
$1,350,000
$163/SF
MultiFamily
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Players
Fall River MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
About $163 per square foot on a published $1.4M for 8,260 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93