Updated Dec 21, 2023
Paige Mansfield Represents Premier Commercial In $2.1M Sale Of Provincetown Multifamily
Historic District, 49 Commercial St, Provincetown, Massachusetts, USA
$2,100,000
$1,153/SF
Building Size
1,820 SF
Asset Type
MultiFamily
Closing
Nov 22, 2021
About this deal
AI
A multifamily property located at 49 Commercial St in Provincetown, MA has recently been sold for a price of $2,100,000. The property spans 1,820 square feet and has a price per square foot of $1,154. It was sold on 11/22/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,100,000
- Address: 49 Commercial St, Provincetown, MA
- Square Footage: 1,820
- Price per Square Foot: $1,154
Paige Mansfield from Premier Commercial acted as the broker in this sale transaction.
The multifamily sale at Historic District, 49 Commercial St, Provincetown, Massachusetts, USA in Provincetown, Massachusetts sold for $2.1M in 2021. The building is 1,820 square feet, implying about 1.2K per square foot on the published price. Named participants on the Historic District, 49 Commercial St, Provincetown, Massachusetts, USA sale are Paige Mansfield. This page is the Provincetown, Massachusetts file for the Historic District, 49 Commercial St, Provincetown, Massachusetts, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Provincetown sit in the Market section below. Filter that Provincetown multifamily set by closing date to see what else sold near Historic District, 49 Commercial St, Provincetown, Massachusetts, USA around 2021. Published consideration for Historic District, 49 Commercial St, Provincetown, Massachusetts, USA is $2.1M, dated 2021. Cite this Paige Mansfield Represents Premier Commercial In $2.1M Sale Of Provincetown Multifamily sale when underwriting similar multifamily product around Provincetown, Massachusetts.
Players
Provincetown 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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93