Marcus & Millichap Brokers $5.6 Million Sale Of Elizabeth Court Apartments In Attleboro MA
61 Elizabeth Street
$5,600,000
Units
26
Asset Type
MultiFamily
Closing
Sep 25, 2025
AI
The property involved in the transaction is Elizabeth Court Apartments, located at 61 Elizabeth Street in Attleboro, MA. The asset is a multifamily property featuring a total of 26 units, which includes 20 two-bedroom and six one-bedroom apartments. The sale price for the property was $5,600,000, resulting in a price per unit of $215,385. Additionally, the property has 32 parking spaces and was built in 1976, offering a value-add opportunity through potential rent increases.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $5,600,000
- Units: 26
- Price Per Unit: $215,385
- Address: 61 Elizabeth Street
- Market: Attleboro, MA
- Parking Spaces: 32
- Year Built: 1976
The transaction was facilitated by brokers Evan Griffith and Tony Pepdjonovic from Marcus & Millichap, representing the sale and ensuring the successful closing of this multifamily property deal.
Players
Attleboro 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
2.83%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93