Marcus & Millichap Brokers $5.6 Million Sale Of Elizabeth Court Apartments In Attleboro MA
61 Elizabeth Street
$5,600,000
Building Size
—
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
Loading comparables…
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