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61 Elizabeth Street

Marcus & Millichap Brokers $5.6 Million Sale Of Elizabeth Court Apartments In Attleboro MA
SOLDMultiFamily

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

Evan Griffith

Marcus & Millichap

Broker

$388M

vol

65 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

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