Mui Tran Acquires 16-Unit Multifamily In Holyoke, MA For $1.06M
SOLD
$1,062,500
Massachusetts
See Similar DealsMultiFamily10,608 SF
Sold 09/07/2023
SOLD
Mui Tran Acquires 16-Unit Multifamily In Holyoke, MA For $1.06M
948 Dwight Street
See Similar DealsMultiFamily10,608 SF
Sold 09/07/2023
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$100
Total Square Footage:10,608 SF
Transaction Type:Sale
A multifamily property located at 948 Dwight Street in Holyoke, MA has been sold. The property consists of 16 units with a total square footage of 10,608. The asking price for the property was $1,200,000, and it was ultimately sold for $1,062,500. This translates to a price per unit of $66,406 and a price per square foot of $100.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,062,500
- Units: 16
- Price per Unit: $66,406
- Square Footage: 10,608
- Price per Square Foot: $100
The buyer of the property is Mui Tran, while the seller is Dan Larochelle. The broker representing the transaction is Michael Bradley from Horvath & Tremblay.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$56,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,774.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,036.79
Annual Debt Service$60,441.50
Is there something missing? Send suggestions