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34 Roy Street

Omer Granot Acquires Multifamily Asset From The Lewis Family For $4.38M In Fall River
SOLDMultiFamily

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.

Players

Spencer Smith

Horvath & Tremblay

Broker

$44.2M

vol

19 deals

Broker

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