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60 Winter Street, Brockton,...

LAER Realty Partners Acquires Multifamily Property On Winter St, Brockton, MA For $2.6M
SOLDMultiFamily

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

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

Charles Lima

Keller Williams Realty

Broker

$3.8M

vol

2 deals

Broker

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