Updated Dec 18, 2023
SeasCape Realty, Inc. Acquires Provincetown Multifamily For $2.1M
Historic District, 5 Kiley Court, Provincetown, Massachusetts, USA
$2,100,000
$581/SF
Building Size
3,611 SF
Asset Type
MultiFamily
Closing
May 13, 2021
About this deal
AI
The multifamily property located at 5 Kiley Ct in Provincetown, MA has been sold for a price of $2,100,000. The property spans across 3,611 square feet, resulting in a price per square foot of $582.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,100,000
- Address: 5 Kiley Ct, Provincetown, MA
- Market: Provincetown, MA
The seller's representative in this transaction was John Ciluzzi of Premier Commercial, while the buyer was represented by Timothy Brown of SeasCape Realty, Inc.
The multifamily sale at Historic District, 5 Kiley Court, Provincetown, Massachusetts, USA in Provincetown, Massachusetts sold for $2.1M in 2021. The building is 3,611 square feet, implying about 581 per square foot on the published price. John Ciluzzi, Premier Commercial appear on the sale alongside Premier Commercial. This page is the Provincetown, Massachusetts file for the Historic District, 5 Kiley Court, 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, 5 Kiley Court, Provincetown, Massachusetts, USA around 2021. Published consideration for Historic District, 5 Kiley Court, Provincetown, Massachusetts, USA is $2.1M, dated 2021. Cite this SeasCape Realty, Inc. Acquires Provincetown Multifamily For $2.1M sale when underwriting similar multifamily product around Provincetown, Massachusetts.
On the Map
$2,100,000
$581/SF
MultiFamily
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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