Updated Dec 4, 2024
Al Abbaspour Acquires Multifamily Property In Natick, MA For $1.2M
9 Western Avenue
$1,194,600
$419/SF
Building Size
2,850 SF
Asset Type
MultiFamily
Closing
Dec 12, 2023
About this deal
AI
A multifamily property at 9 Western Avenue in Natick, MA, changed hands for $1,194,600. The property spans 2,850 square feet and was sold at a price of $419 per square foot.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,194,600
- Location: 9 Western Avenue, Natick, MA
- Square Footage: 2,850
- Price per Square Foot: $419
- Buyer's Representative: Al Abbaspour - Realty Executives Boston West
- Seller's Representative: The Allain Group - Compass
Realty Executives Boston West represented the buyer, Al Abbaspour, in the transaction. The Allain Group, affiliated with Compass, served as the seller's representative. This closed deal signifies the successful transfer of ownership for the multifamily property at 9 Western Avenue.
Players
Natick MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Al Abbaspour to view all their deals.
Browse Natick multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.28%
Cash-on-Cash
-3.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93