Updated Sep 9, 2024
Horvath & Tremblay Represents Buyer In $2.5M Revere Multifamily Sale
72 Campbell Avenue
$2,525,000
$333/SF
Building Size
7,562 SF
Asset Type
MultiFamily
Closing
Sep 6, 2022
About this deal
AI
The multifamily property located at 72 Campbell Ave in Revere, MA has been sold for a price of $2,525,000. The property consists of 10 units, with a price per unit (PPU) of $252,500. Spanning over 7,562 square feet, the property has a price per square foot (PPSF) of $334.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,525,000
- Units: 10
- Price per Unit: $252,500
- Square Footage: 7,562
- Price per Square Foot: $334
The sale was facilitated by Stephen Girolamo from Horvath & Tremblay, who represented the parties involved in the transaction.
Jamestown 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
6.28%
Cash-on-Cash
-1.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93