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Fellsway

United Properties Acquires Multifamily Asset In Medford, MA For $8.15 Million With Seller's Rep Cushman & Wakefield
SOLDMultiFamily

United Properties Acquires Multifamily Asset In Medford, MA For $8.15 Million With Seller's Rep Cushman & Wakefield

Fellsway

$8,150,000

$407/SF

Building Size

20,000 SF

Asset Type

MultiFamily

Closing

Jun 30, 2025

AI

The property located at 1072-1078 Fellsway in Medford, MA, is a multifamily asset consisting of 24 units. The transaction for this asset concluded at a sale price of $8,150,000, resulting in a price per unit of $339,583.

Summary of transaction details:

The buyer in this transaction is United Properties, while the seller is Mastrocola Management. The deal was facilitated by a team of representatives from Cushman & Wakefield, consisting of John Flaherty, Christopher Sower, Bruce Lusa, Jonathan (Jon) Bryant, Mary VanNatta, and Julie Regan.

Players

Bruce Lusa

Cushman & Wakefield

Broker

$899.9M

vol

62 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage
United Properties
United PropertiesBuyer

Medford 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

1.95%

Cash-on-Cash

-0.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93