Thiago Gomes Acquires Lowell, MA Multifamily For $1.53M
46 Aiken Avenue
$1,530,000
$203/SF
Building Size
7,530 SF
Asset Type
MultiFamily
Closing
Dec 7, 2023
AI
46 Aiken Avenue, a multifamily property located in Lowell, MA, has recently been sold for $1,530,000. The property spans 7,530 square feet, resulting in a price per square foot of $203.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,530,000
- Address: 46 Aiken Avenue
- Market: Lowell, MA
The buyer in this transaction was represented by Thiago Gomes from Keller Williams, while Kerry L Nicolls from Foundation Brokerage Group acted as the seller's representative.
It is worth noting that the sale of 46 Aiken Avenue, a multifamily property in Lowell, MA, was successfully completed for a total of $1,530,000. Thiago Gomes represented the buyer on behalf of Keller Williams, while Kerry L Nicolls served as the seller's representative representing Foundation Brokerage Group.
Players
Lowell MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.37%
Cash-on-Cash
-2.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93