Updated Dec 21, 2023
Horvath & Tremblay Brokers $1.9M Sale Of 18-Unit Multifamily In Whitman, MA
55 Pleasant Street, Whitman, MA, USA
$1,925,000
$589/SF
Building Size
3,268 SF
Asset Type
MultiFamily
Closing
Mar 11, 2021
About this deal
AI
A multifamily property located at 55-57 Pleasant Street, 16-18 Reed Place, 250 South Avenue, & 155 Broad Street in Whitman, MA has been sold. The property consists of 18 units and was sold for a total price of $1,925,000, resulting in a per unit price of $106,944.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,925,000
- Units: 18
The sale was facilitated by broker Jason Kulik from Horvath & Tremblay.
The multifamily sale at 55 Pleasant Street, Whitman, MA, USA in Whitman, Massachusetts sold for $1.9M in 2021. Reported inventory is 3,268 square feet across 18 units, or about 589 per square foot. Jason Kulik, Horvath & Tremblay appear on the sale alongside Horvath & Tremblay. This page is the Whitman, Massachusetts file for the 55 Pleasant Street, Whitman, MA, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Whitman sit in the Market section below. Filter that Whitman multifamily set by closing date to see what else sold near 55 Pleasant Street, Whitman, MA, USA around 2021. Published consideration for 55 Pleasant Street, Whitman, MA, USA is $1.9M, dated 2021. Cite this Horvath & Tremblay Brokers $1.9M Sale Of 18-Unit Multifamily In Whitman, MA sale when underwriting similar multifamily product around Whitman, Massachusetts.
Players
Whitman 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
8.24%
Cash-on-Cash
-2.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93