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84 Danforth Street

Scott Botelho & Becky Lynn Rosen Facilitate $1.1M Multifamily Sale In Fall River
SOLDMultiFamily

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:

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

Becky Lynn Rosen

Rosen Property Management

Broker

$1.1M

vol

1 deal

Broker

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