Updated Oct 12, 2026
Lorenzo Alonge Acquires MultiFamily Property From Beantown Companies For $7.55M في Framingham MA
$7,550,000
$323/SF
Building Size
23,323 SF
Asset Type
MultiFamily
Closing
Oct 7, 2026
About this deal
AI
This multi-family property is located in Framingham, MA, and consists of 31 units. The asset was sold for $7,550,000, with a price per unit of $243,548. The building has a total square footage of 23,323, resulting in a price per square foot of $323.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $7,550,000
- Units: 31
- Price Per Unit: $243,548
- Square Footage: 23,323
- Price Per Square Foot: $323
- Buyer: Lorenzo Alonge
- Seller: Beantown Companies
- Buyer's Representative: Massis Khoumjian - Coldwell Banker
- Date of Transaction: 10/07/2026
Massis Khoumjian represented the buyer, Lorenzo Alonge, in this transaction, facilitating the sale from the seller, Beantown Companies. The deal reflects involvement of key individuals, with Coldwell Banker acting as the brokerage firm for the buyer.
Players
Market 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
2.10%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93