Alan Millar & Tina Millar Acquire Multifamily Asset In Lynn For $1.125M With Brokers Tatiana Cabassa & Maria Silveira
SOLD
Massachusetts
See Similar DealsMultiFamily3,897 SF
Sold 08/11/2025
SOLD
Alan Millar & Tina Millar Acquire Multifamily Asset In Lynn For $1.125M With Brokers Tatiana Cabassa & Maria Silveira
108 Grove Street
See Similar DealsMultiFamily3,897 SF
Sold 08/11/2025
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$288
Total Square Footage:3,897 SF
Transaction Type:Sale
The property asset involved in the transaction is a multifamily building located at 108 Grove Street in Lynn, MA. The sale price for this asset was $1,125,000, with a total square footage of 3,897 and a price per square foot of $288.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,125,000
- Square Footage: 3,897
- Price per Square Foot: $288
- Buyer: Alan Millar & Tina Millar
- Seller: Wesley Sousa-Izidoro & Lucelia Izidoro
- Brokers: Tatiana Cabassa - Liriano Realty & Maria Silveira - Century 21
The key individuals involved in the deal include buyers Alan Millar and Tina Millar, as well as sellers Wesley Sousa-Izidoro and Lucelia Izidoro, highlighting the parties engaged in this property transaction.
Players
BROKERAGE
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)
$60,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,996.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,333.07
Annual Debt Service$63,996.89
Is there something missing? Send suggestions