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90 Saint Botolph St

Property Image
SOLD
$5,000,000

Massachusetts

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MultiFamily
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Property Image
SOLD

90 Saint Botolph St

90 Saint Botolph St, Boston, MA, 02116

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MultiFamily
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Transaction Type:Sale

The property involved in this transaction is a brownstone apartment building located at 90 Saint Botolph St, Boston, MA, 02116. The building is situated in the Boston market and features a total of 10 units, which includes eight one-bedroom apartments and two studio apartments. At the time of the sale, the property was fully occupied, and it was sold for $5,000,000.00.

Summary of transaction details:

  • Property Type: Apartment Building
  • Transaction Amount: $5,000,000.00
  • Address: 90 Saint Botolph St, Boston, MA, 02116
  • Market: Boston
  • Seller's Representative: Carl Christie, Dan McGee
  • Buyer: 16 Pinckney Street LLC
  • Seller: 90 St. Botolph LLC

Carl Christie and Dan McGee of NAI Hunneman represented the seller in this transaction while also procuring the buyer. Their involvement facilitated a smooth transaction between 90 St. Botolph LLC and 16 Pinckney Street LLC.

Players

3 deals$15.3M volume
BROKER

Carl Christie
8 deals$60.3M volume
BROKER

Details

SOLD
IMAGE: 90 Saint Botolph St, Boston, MA, 02116 MARKET: Boston SELLER'S REP: Carl Christie, Dan McGee BUYER: 16 Pinckney Street LLC PRICE: $5,000,000.00 SF: 0

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$266,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,763.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,702.55
Annual Debt Service$284,430.61