facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

69 Chestnut Hill Avenue

Nelson Otuechere Of NCO Realty Group Represents Buyer In $1.6M Brighton Multifamily Sale
SOLDMultiFamily

Nelson Otuechere Of NCO Realty Group Represents Buyer In $1.6M Brighton Multifamily Sale

69 Chestnut Hill Avenue

$1,600,000

$387/SF

Building Size

4,125 SF

Asset Type

MultiFamily

Closing

Nov 21, 2024

AI

The property asset involved in this transaction is a multifamily building located at 69 Chestnut Hill Avenue in Brighton, MA. The sale price for the asset was $1,600,000. This property encompasses a total square footage of 4,125 and has a price per square foot of $387.

Summary of transaction details:

Nelson Otuechere represented the buyer in this transaction, while Christopher Bove represented the seller. Both brokers play key roles in facilitating the sale of this multifamily property, ensuring the interests of their clients were met throughout the transaction process.

Players

Nelson Otuechere

NCO Realty Group

Broker

$22.1M

vol

14 deals

Broker

Brighton 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

9.91%

Cash-on-Cash

-2.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93