LAER Realty Partners Acquires Multifamily Property On Winter St, Brockton, MA For $2.6M
60 Winter Street, Brockton, Massachusetts 02302, United States
$2,600,000
$210/SF
Building Size
12,360 SF
Asset Type
MultiFamily
Closing
Jun 23, 2022
AI
The multifamily property located at 60-64 Winter St in Brockton, MA has been sold for $2,600,000. The property spans an area of 12,360 square feet, resulting in a price per square foot of $210.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,600,000
- Address: 60-64 Winter St, Brockton, MA
- Market: Brockton, MA
- Seller's Representative: Charles Lima - Keller Williams Realty
- Buyer's Representative: Jesse Malzone - LAER Realty Partners
The sale of this multifamily property was facilitated by Charles Lima from Keller Williams Realty, representing the seller, and Jesse Malzone from LAER Realty Partners, representing the buyer.
Players
Brockton 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
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93