Carlson Wang & Pudsadee Leelahasilp Acquire Revere Multifamily For $1.18M
46 Winthrop Avenue
$1,184,000
$286/SF
Building Size
4,134 SF
Asset Type
MultiFamily
Closing
May 30, 2024
AI
The multifamily property located at 46 Winthrop Avenue in Revere, MA, was sold for $1,184,000. This property consists of 3 units with a total square footage of 4,134, resulting in a price per unit of $394,667 and a price per square foot of $286.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,184,000
- Buyer: Carlson Wang & Pudsadee Leelahasilp
- Seller: Anastas Pano & Anisa Saliaj
- Buyer's Rep: Nicholas Daher - Broad Sound Real Estate
- Seller's Rep: Stephen Girolamo - Horvath & Tremblay
Nicholas Daher from Broad Sound Real Estate represented the buyers, Carlson Wang and Pudsadee Leelahasilp, in this transaction. On the other hand, Stephen Girolamo from Horvath & Tremblay served as the seller's representative, assisting Anastas Pano and Anisa Saliaj in the sale of the multifamily property.
Players
Beverly 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
13.40%
Cash-on-Cash
-3.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93