Updated Dec 19, 2023
The Mahoney Group Acquires Multifamily Property In Brockton, MA For $1.025M
99 Arthur Street, Brockton, Massachusetts 02302, United States
$1,025,000
$174/SF
Building Size
5,892 SF
Asset Type
MultiFamily
Closing
Feb 2, 2022
About this deal
AI
The multifamily property located at 99 Arthur St in Brockton, MA was recently sold. The property spans across 5,892 square feet and was sold for a total of $1,025,000. This translates to a price per square foot of $174.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,025,000
- Address: 99 Arthur St, Brockton, MA
- Market: Brockton, MA
- Buyer's Rep: Domenic Varrasso - The Mahoney Group
- Seller's Rep: Terri Tobinyoung - Yellow Brick Realty Inc.
- Square Footage: 5,892
- Price per Square Foot: $174
Domenic Varrasso from The Mahoney Group represented the buyer in this transaction, while Terri Tobinyoung from Yellow Brick Realty Inc. represented the seller.
Players
Brockton 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
15.48%
Cash-on-Cash
-4.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93