facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

574 State Road

Terra Living Partners Purchases Plymouth Multifamily Asset From MEGRYCO For $12.8M
SOLDMultiFamily

Terra Living Partners Purchases Plymouth Multifamily Asset From MEGRYCO For $12.8M

574 State Road

$12,800,000

$700/SF

Building Size

18,269 SF

Asset Type

MultiFamily

Closing

Jan 15, 2025

AI

The multifamily asset sold is located at 574 State Road in Plymouth, MA. It consists of 55 units and was sold for $12,800,000, equating to a price per unit of $232,727.

Summary of transaction details:

The transaction involved key representatives from Cushman & Wakefield, who facilitated the deal for the seller MEGRYCO. This team played a critical role in navigating the sales process and ensuring a successful transaction.

Players

Bruce Lusa

Cushman & Wakefield

Broker

$899.9M

vol

62 deals

Broker

Plymouth MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.24%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93