Scott Botelho & Becky Lynn Rosen Facilitate $1.1M Multifamily Sale In Fall River
84 Danforth Street
$1,100,000
$178/SF
Building Size
6,156 SF
Asset Type
MultiFamily
Closing
Mar 8, 2024
AI
A multifamily property located at 84 Danforth Street in Fall River, MA, was sold for $1.1 million. The property spans 6,156 square feet with a price per square foot of $179.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 84 Danforth Street
- Market: Fall River, MA
- Buyer's Rep: Scott Botelho - Home & Key Real Estate
- Seller's Rep: Becky Lynn Rosen - Rosen Property Management
Scott Botelho from Home & Key Real Estate represented the buyer in the transaction, while Becky Lynn Rosen from Rosen Property Management acted as the seller's representative.
Players
Fall River 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93