Updated Sep 9, 2024
Marcus & Millichap Sells 12-Unit Multifamily Property In Boston For $5.35M
81 Amory St Boston, MA 02119, USA
$5,350,000
Units
12
Asset Type
MultiFamily
Closing
Sep 5, 2023
About this deal
AI
A 12-unit multifamily apartment property located at 81 Amory Street in Boston has been sold for $5,350,000. The property, represented by Evan Griffith and Tony Pepdjonovic of Marcus & Millichap, offers spacious units and a prime location in the heart of Boston.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,350,000
- Address: 81 Amory Street, Boston, MA
- Market: Boston, MA
- Brokers: Evan Griffith & Tony Pepdjonovic - Marcus & Millichap
- Units: 12
- Price Per Unit (PPU): $445,833
Marcus & Millichap facilitated the sale of the 12-unit apartment property at 81 Amory Street in Boston. Evan Griffith and Tony Pepdjonovic represented the parties involved in this transaction, successfully bringing together the buyer and seller for a mutually beneficial agreement.
Players
Roxbury 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
2.97%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93