Nana Pan Of Y & Z Fidelity Realty Acquires Multifamily Property On Massachusetts Avenue For $2.8M
925 Massachusetts Avenue
$2,800,000
$395/SF
Building Size
7,081 SF
Asset Type
MultiFamily
Closing
Nov 22, 2023
AI
A multifamily property located at 925 Massachusetts Avenue in Arlington, MA has recently been sold. The property was purchased for $2,800,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,800,000
- Square Footage: 7,081
- Price per Square Foot: $395
- Address: 925 Massachusetts Avenue, Arlington, MA
- Market: Arlington, MA
The buyer was represented by Nana Pan of Y & Z Fidelity Realty. Carl Christie served as the seller's representative.
Note: Nana Pan of Y & Z Fidelity Realty acted as the buyer's representative in this transaction, while Carl Christie represented the seller.
Players
Lunenburg 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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93