Omer Granot Acquires Multifamily Asset From The Lewis Family For $4.38M In Fall River
34 Roy Street, 40 Roy Street, 33 Hanover Street, 956 South Main Street & 964 966 South Main Street
$4,380,000
$27/SF
Building Size
159,865 SF
Asset Type
MultiFamily
Closing
Mar 14, 2025
AI
The property asset involved in the transaction is a MultiFamily asset located at 34 Roy Street in the Fall River market. The transaction price for this asset was $4,380,000.00, encompassing a total of 27 units within a square footage of 31,973.0.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $4,380,000.00
- Address: 34 Roy Street
- Market: Fall River
- Units: 27
- Square Footage: 31,973.0
- Buyer: Omer Granot
- Seller: The Lewis Family
This transaction was executed between Omer Granot, who acted as the buyer, and The Lewis Family, the sellers. The deal indicates a significant exchange involving multiple units within the specified asset type in the real estate market.
Fall River 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
3.62%
Cash-on-Cash
-1.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93