Horvath & Tremblay Brokers $1.1M Sale Of Westborough, MA Apartment
52 South Street, Westborough, Massachusetts 01581, United States
$1,100,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 31, 2022
AI
An apartment complex located at 46-52 South St. in Westborough, MA has been sold for a price of $1,100,000. The property, which was listed by broker Ryan Benton from Horvath & Tremblay, was successfully transacted on 04/01/2022.
Summary of transaction details
- Property Type: Apartment
- Transaction Amount: $1,100,000
- Address: 46-52 South St., Westborough, MA
- Market: Westborough, MA
This deal was facilitated by broker Ryan Benton from Horvath & Tremblay. The sale of this apartment complex showcases the expertise and professionalism of both the seller and the buyer involved in the transaction.
Players
Westborough 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93