Updated Oct 28, 2024
SS Realty Trust Sells Lynn, MA Multifamily Property For $5.3M With Brokers Dan Pouladian & Sara Pouladian
67 Tudor Street, Lynn, Massachusetts 01902, United States
$5,300,000
$315/SF
Building Size
16,804 SF
Asset Type
MultiFamily
Closing
Apr 28, 2022
About this deal
AI
The multifamily property located at 67 Tudor St in Lynn, MA has been sold for a total price of $5,300,000. The sale was facilitated by Dan Pouladian and Sara Pouladian of North Shore Realty Advisors, who represented the seller, SS Realty Trust. The transaction took place on April 29, 2022.
Summary of Transaction Details
- Property Type: Multifamily
- Sale Price: $5,300,000
- Units: 27
- Price Per Unit: $196,296
- Square Footage: 16,804
- Price Per Square Foot: $315
- Address: 67 Tudor St, Lynn, MA
- Market: Lynn, MA
Dan Pouladian and Sara Pouladian played a crucial role in representing the seller and procuring the buyer for this transaction. This successful deal marks a notable achievement for both parties involved. Congratulations to the seller and the buyer on the acquisition of this valuable multifamily asset in Lynn, MA.
Players
Lynn 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
2.99%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93