Hakim Sadler's MIG Facilitates $1.75M Sale Of Multi-Family Property In Lynn, MA
SOLD
$1,750,000
Massachusetts
See Similar DealsMultiFamily6,412 SF
Sold 08/12/2022
SOLD
Hakim Sadler's MIG Facilitates $1.75M Sale Of Multi-Family Property In Lynn, MA
99 Franklin Street, Lynn, Massachusetts 01902, United States
See Similar DealsMultiFamily6,412 SF
Sold 08/12/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$272
Total Square Footage:6,412 SF
Transaction Type:Sale
A multi-family property located at 99 Franklin St in Lynn, MA has been sold for a price of $1,750,000. The property consists of 9 units with an average price per unit of $194,444. The total square footage of the property is 6,412, resulting in a price per square foot of $273. The sale was facilitated by Hakim Sadler of MIG.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $1,750,000
- Address: 99 Franklin St
- Market: Lynn, MA
- Units: 9
- Price per Unit: $194,444
- Square Footage: 6,412
- Price per Square Foot: $273
Hakim Sadler, representing MIG, played a key role in the sale of the multi-family property at 99 Franklin St in Lynn, MA. Their expertise and negotiation skills helped facilitate the transaction.
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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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)
$93,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,217.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,295.89
Annual Debt Service$99,550.71
Is there something missing? Send suggestions