Updated Oct 28, 2024
Inbrook Capital Acquires Multifamily Property In West Boylston, MA For $1.55M
77-79 Sterling Place, West Boylston, Massachusetts 01583, United States
$1,550,000
$167/SF
Building Size
9,251 SF
Asset Type
MultiFamily
Closing
Apr 14, 2022
About this deal
AI
Located in West Boylston, MA, the multifamily property at 77-79 Sterling Place has been sold in a recent transaction. The sale was facilitated by David Eldredge from NAI, representing the buyer, Inbrook Capital, and the seller, WB Sterling, LLC. The property spans across 9,251 square feet and was sold for a price of $1,550,000, resulting in a price per square foot of $168.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,550,000
- Address: 77-79 Sterling Place
- Market: West Boylston, MA
This transaction showcases the collaboration between the buyer, Inbrook Capital, and the seller, WB Sterling, LLC. With David Eldredge from NAI serving as the broker, both parties successfully completed the sale of this multifamily property in West Boylston, MA.
On the Map
$1,550,000
$167/SF
MultiFamily
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Players
West Boylston 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
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93