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Sale · MultiFamily

Updated Dec 4, 2024

Multifamily Property In Oxford, MA Sold For $1.225M With Buyer's Rep Sue Susi & Seller's Rep Topp Realtors By Rickman Realty
SOLDMultiFamily

Multifamily Property In Oxford, MA Sold For $1.225M With Buyer's Rep Sue Susi & Seller's Rep Topp Realtors By Rickman Realty

$1,225,000

$102/SF

Building Size

12,000 SF

Asset Type

MultiFamily

Closing

Dec 29, 2023

About this deal

AI

A multifamily property located at 63-69 Depot Road in Oxford, MA, has recently been sold for a transaction amount of $1.225 million. The property features a total square footage of 6,000, resulting in a price per square foot of $204.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,225,000
  • Address: 63-69 Depot Road, Oxford, MA
  • Market: Oxford, MA
  • Buyer's Representative: Sue Susi - Northeast Properties
  • Seller's Representative: Topp Realtors - OWN IT, by Rickman Realty

The sale was facilitated by Sue Susi from Northeast Properties, who represented the buyer, and Topp Realtors' OWN IT, by Rickman Realty, who represented the seller. The transaction highlights the successful collaboration between these brokerage firms in closing the deal.

Players

Sue Susi

Northeast Properties

Broker

$1.2M

vol

1 deal

Broker

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $102 per square foot on a published $1.2M for 12,000 square feet (2023).

Visit Northeast Properties to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.95%

Cash-on-Cash

-3.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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