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925 Massachusetts Avenue

Nana Pan Of Y & Z Fidelity Realty Acquires Multifamily Property On Massachusetts Avenue For $2.8M
SOLDMultiFamily

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

Carl Christie

Broker

$60.3M

vol

8 deals

Broker

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