Updated Oct 29, 2024
JJ Companies Inc. Acquires Package Deal In Quincy, MA For $1.025M
14 Hull St Quincy, MA 02169, USA
$1,025,000
$284/SF
Building Size
3,600 SF
Asset Type
Package Deal
Closing
Jul 31, 2023
About this deal
AI
Located in Quincy, MA, the package deal on Hull St consisting of 14, 20, and 26 Hull St has been sold. The transaction took place on 07/31/2023 and involved the transfer of these three properties. The total sale price for the package deal was $1,025,000. The combined square footage of the properties is 3,600 square feet, resulting in a price per square foot of $285.
Summary of transaction details
- Property Type: Package Deal
- Transaction Amount: $1,025,000
- Square Footage: 3,600
- Price per Square Foot: $285
- Address: 14, 20, & 26 Hull St, Quincy, MA
The buyers in this transaction were JJ Companies Inc., represented by Willie Mandrell, Peter Chan, and Kenneth Johnson. On the selling side, Hull St Realty Trust, represented by Susan S. Ruffini, was the seller.
Players
Boston Package Deal Market Snapshot
Boundary boundary · Package Deal · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.48%
Cash-on-Cash
-4.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93