Boston Realty Advisors Facilitates Sale Of 22-Unit Multifamily Property In Beacon Hill
63 Hancock St
$9,800,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 10, 2023
AI
63-65 Hancock St., a two-building, 22-unit multifamily property in Beacon Hill, has been sold for $9,800,000. This property, listed by Andrew Herald of Boston Realty Advisors, is located in the vibrant market of Boston, MA. With a unit price of $445,455, this multi-family asset offers a great investment opportunity.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $9,800,000
- Units: 22
- Price per Unit: $445,455
- Broker: Andrew Herald - Boston Realty Advisors
Boston Realty Advisors played a crucial role in facilitating the sale of 63-65 Hancock St. Their expertise and professionalism contributed to the successful transaction of this desirable property in Beacon Hill.
Hancock 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
1.62%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93