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Horvath & Tremblay Brokers $1.1M Sale Of Westborough, MA Apartment

Property Image
SOLD
$1,100,000

Massachusetts

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MultiFamily
Sold 04/01/2022
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Property Image
SOLD

Horvath & Tremblay Brokers $1.1M Sale Of Westborough, MA Apartment

52 South Street, Westborough, Massachusetts 01581, United States

See Similar Deals
MultiFamily
Sold 04/01/2022
Contact now

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.

Players

Ryan Benton
10 deals$38.1M volume
BROKER

Details

SOLD
IMAGE: Ryan Benton DATE: 04/01/2022 ADDRESS: 46-52 South St. MARKET: Westborough, MA ASSET TYPE: Apartment BROKER: Ryan Benton - Horvath & Tremblay SALE PRICE: $1,100,000

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Deal Type
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