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780 Bedford Street

Updated Oct 28, 2024

780 Bedford LLC Acquires Multifamily Property For $610,000 In Fall River, MA
SOLDMultiFamily

780 Bedford LLC Acquires Multifamily Property For $610,000 In Fall River, MA

780 Bedford Street

$610,000

$121/SF

Building Size

5,006 SF

Asset Type

MultiFamily

Closing

Jul 27, 2022

About this deal

AI

Located at 780 Bedford St in Fall River, MA, this multifamily property has been sold in a recent transaction. The property consists of 6 residential units and 1 commercial unit, creating a total of 7 units. The sale price for this property was $610,000, resulting in an average price per unit of $87,143. The total square footage of the property is 5,006, with a price per square foot of $122.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $610,000
  • Address: 780 Bedford St, Fall River, MA
  • Market: Fall River, MA
  • Buyer: 780 Bedford LLC
  • Seller: OM Holdings
  • Broker: Spencer Smith - Horvath & Tremblay

In this transaction, Spencer Smith from Horvath & Tremblay represented the buyer and seller. It's worth noting that the property was sold at the full asking price, indicating a strong demand in the market. For more information or inquiries about this transaction, you can reach out to Spencer Smith at 781-776-4541.

Players

Spencer Smith

Horvath & Tremblay

Broker

$44.2M

vol

19 deals

Broker

Windsor MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $121 per square foot on a published $610K for 5,006 square feet (2022).

Visit Spencer Smith to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

26.00%

Cash-on-Cash

-7.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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