Updated Oct 28, 2024
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.
Great Barrington Other Market Snapshot
Boundary boundary · Other · Sale transactions
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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