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82-84 Church Street, Winche...

Updated Dec 19, 2023

Compass Facilitates $1.2M Sale Of Multifamily Property In Winchester, MA
SOLDMultiFamily

Compass Facilitates $1.2M Sale Of Multifamily Property In Winchester, MA

82-84 Church Street, Winchester, Massachusetts 01890, United States

$1,205,000

$406/SF

Building Size

2,968 SF

Asset Type

MultiFamily

Closing

Jan 23, 2022

About this deal

AI

The multifamily property located at 82-84 Church St in Winchester, MA has been sold for a price of $1,205,000. The property spans across 2,968 square feet, resulting in a price per square foot of $406. The sale was facilitated by the Lorrie Parajeckas Group from Compass, who represented the buyer, and Landmark Property Group from Compass, who represented the seller.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,205,000
  • Address: 82-84 Church St
  • Market: Winchester, MA
  • Buyer's Rep: The Lorrie Parajeckas Group - Compass
  • Seller's Rep: Landmark Property Group - Compass

This transaction highlights the successful collaboration between the Lorrie Parajeckas Group and the Landmark Property Group, both affiliated with Compass. By representing the buyer and seller respectively, they facilitated the smooth transfer of ownership for the multifamily property located at 82-84 Church St.

Players

Lorrie Parajeckas

Compass

Broker

$1.2M

vol

1 deal

Broker

Winchester MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $406 per square foot on a published $1.2M for 2,968 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.16%

Cash-on-Cash

-3.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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