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122 Chestnut Street

Michael Bradley Of Horvath & Tremblay Arranges Sale Of Multifamily Property In Springfield For $14.25M
SOLDMultiFamily

Michael Bradley Of Horvath & Tremblay Arranges Sale Of Multifamily Property In Springfield For $14.25M

122 Chestnut Street

$14,250,000

Building Size

Asset Type

MultiFamily

Closing

Jun 22, 2026

AI

A 114-unit multifamily property located at 122 Chestnut Street in Springfield, MA, was sold for $14.25 million. The property type is multifamily, with a price per unit of $125,000.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $14,250,000
  • Units: 114
  • Price Per Unit: $125,000
  • Date of Sale: 06/22/2026
  • Broker: Michael Bradley - Horvath & Tremblay

Michael Bradley of Horvath & Tremblay arranged the sale of Silver Brick Square, facilitating the transaction of this multifamily asset in the Springfield market.

Players

Michael Bradley

Horvath & Tremblay

Broker

$26.5M

vol

6 deals

Broker

Chestnut 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

1.11%

Cash-on-Cash

-0.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93