Updated Jul 14, 2026
Baldwin Healthcare Acquires Multifamily Property In Quincy, MA For $2.7M
49 Miller Stile Road, Quincy, Massachusetts 02169, United States
$2,700,000
$340/SF
Building Size
7,929 SF
Asset Type
MultiFamily
Closing
Jun 2, 2022
About this deal
AI
Baldwin Healthcare has acquired a multifamily property located at 49 Miller Stile Rd in Quincy, MA. The property, known as Brookside Manor, was sold by the seller Brookside Manor for a total price of $2,700,000. The transaction was facilitated by James Yannios from Yannios Real Estate, who represented both parties in the deal.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,700,000
- Date: 06/03/2022
- Address: 49 Miller Stile Rd, Quincy, MA
- Market: Quincy, MA
- Buyer: Baldwin Healthcare
- Seller: Brookside Manor
- Broker: James Yannios - Yannios Real Estate
- Units: 29
- Price per Unit: $93,103
- Square Footage: 7,929
- Price per Square Foot: $341
This transaction marks the successful acquisition of a multifamily property by Baldwin Healthcare. With a total of 29 units and a price per unit of $93,103, this property provides an attractive investment opportunity. The property spans across 7,929 square feet, resulting in a price per square foot of $341.
Players
Quincy 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
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93