Mui Tran Acquires 16-Unit Multifamily In Holyoke, MA For $1.06M
948 Dwight Street
$1,062,500
$100/SF
Building Size
10,608 SF
Asset Type
MultiFamily
Closing
Sep 7, 2023
AI
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.
Holyoke 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
14.93%
Cash-on-Cash
-4.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93