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148 Maple Avenue

Updated Oct 28, 2024

The Goldman Group LLC Acquires Health Center In Great Barrington For $1.45M
SOLDOther

The Goldman Group LLC Acquires Health Center In Great Barrington For $1.45M

148 Maple Avenue

$1,450,000

$50/SF

Building Size

29,000 SF

Asset Type

Other

Closing

Aug 11, 2022

About this deal

AI

The property involved in this transaction is a health center located at 148 Maple Ave in Great Barrington, MA. The sale took place on 08/12/2022.

Summary of transaction details

  • Property Type: Health Center
  • Transaction Amount: $1,450,000
  • Address: 148 Maple Ave
  • Market: Great Barrington, MA

The buyer of the property is The Goldman Group LLC, represented by Rafael Goldman, Ari Goldman, and Charles Goldman. The seller is Bear Mountain 148 Properties LLC.

The sale price for the property was $1,450,000, and it has a total square footage of 29,000. The price per square foot is $50.

According to the buyers, The Goldman Group is a real estate investment, development, and management company based in Boston. They focus on purchasing properties that have fallen out of use and are being sold at an undervalued price. These properties are in good condition and located in strong residential markets. The Goldman Group aims to provide their investors with development opportunities that have lower risks, shorter timelines, reduced construction costs, and higher returns.

Players

Rafael Goldman

Buyer

$2.5M

vol

3 deals

Buyer

Great Barrington Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $50 per square foot on a published $1.5M for 29,000 square feet (2022).

Visit Rafael Goldman to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.94%

Cash-on-Cash

-3.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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