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
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.
Players
Fall River 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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93