facebook
Traded Co logo
Submit

RCG LLC Acquires Property At 87 Winthrop Shore Dr Winthrop MA For $5.2M With Seller's Rep Gina Barroso

Property Image
SOLD
$5,200,000

Massachusetts

See Similar Deals
MultiFamily
the dealplayerscompscontact
Property Image
SOLD

RCG LLC Acquires Property At 87 Winthrop Shore Dr Winthrop MA For $5.2M With Seller's Rep Gina Barroso

87 Winthrop Shore Dr, Winthrop, MA 02152, USA

See Similar Deals
MultiFamily
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Transaction Type:Sale

The transaction involved a two-building, 38-unit apartment complex located at 87 and 90 Winthrop Shore Drive in Winthrop, MA. RCG LLC purchased the property for $5,200,000.00. The complex consists of two 19-unit apartment buildings featuring a mix of studio, one-bedroom, and two-bedroom layouts, and spans an area of 0 square feet.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,200,000.00
  • Address: 87 Winthrop Shore Dr, Winthrop, MA
  • Market: Winthrop
  • Seller's Representative: Gina Barroso-NAI Hunneman
  • Buyer: RCG LLC

Robert Tito and Gina Barroso of NAI Hunneman represented the seller and procured the buyer in this transaction, facilitating the sale between Winthrop Shore Drive and RCG LLC.

Players

Gina Barroso
1 deal$5.2M volume(617) 457-3261
BROKER

Robert Tito
NAI Global
1 deal$5.2M volume(617) 457-3231
BROKER

BUYER

Details

SOLD
IMAGE: 87 Winthrop Shore Dr, Winthrop, MA... MARKET: Winthrop SELLER'S REP: Gina Barroso-NAI Hunneman BUYER: RCG LLC SELLER: PRICE: $5,200,000.00 SF: 0

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$277,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$18,474.52
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,650.65
Annual Debt Service$295,807.83