Horvath & Tremblay Brokers $1.1M Sale Of Westborough, MA Apartment
SOLD
$1,100,000
Massachusetts
See Similar DealsMultiFamily
Sold 04/01/2022
SOLD
Horvath & Tremblay Brokers $1.1M Sale Of Westborough, MA Apartment
52 South Street, Westborough, Massachusetts 01581, United States
See Similar DealsMultiFamily
Sold 04/01/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$58,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,908.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,214.56
Annual Debt Service$62,574.73
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