Updated Oct 29, 2024
JJ Companies Inc. Acquires MultiFamily Property At 93 Brent Street In Dorchester, MA For $1.17M
93 Brent St Boston, MA 02124, USA
$1,170,000
$354/SF
Building Size
3,300 SF
Asset Type
MultiFamily
Closing
Jun 30, 2023
About this deal
AI
The multi-family property located at 93 Brent Street in Dorchester, MA has been sold in a closed transaction. The property consists of 3 units with a total square footage of 3,300. The sale price for the property was $1,170,000, resulting in a price per unit of $390,000 and a price per square foot of $355.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $1,170,000
- Units: 3
- Price per Unit: $390,000
- Square Footage: 3,300
- Price per Square Foot: $355
The buyers of the property were Willie Mandrell, Peter Chan, and Kenneth Johnson representing JJ Companies Inc. The seller of the property was Sulian Liang.
Players
Boston 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
13.56%
Cash-on-Cash
-3.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93