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Kinvarra Capital Sells Package Deal In Chelsea, MA For $2.6M With Brokers Ryan Taylor & Justin People

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SOLD
$2,585,000

Massachusetts

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Package Deal5,084 SF
Sold 05/17/2022
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Property Image
SOLD

Kinvarra Capital Sells Package Deal In Chelsea, MA For $2.6M With Brokers Ryan Taylor & Justin People

52 Spencer Avenue

See Similar Deals
Package Deal5,084 SF
Sold 05/17/2022
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Summary

MASSACHUSETTS
Asset Type:Package Deal
Price Per Square Foot:$508
Total Square Footage:5,084 SF
Transaction Type:Sale

The property at 52 Spencer Ave in Chelsea, MA has been sold as part of a package deal. The transaction was facilitated by Ryan Taylor of Coldwell Banker and Justin People. The seller, Kinvarra Capital, achieved a sale price of $2,585,000 for the property. The building measures 5,084 square feet, resulting in a price per square foot of $508.

Summary of transaction details:

  • Property Type: Package Deal
  • Transaction Amount: $2,585,000
  • Square Footage: 5,084
  • Price per Square Foot: $508
  • Address: 52 Spencer Ave, Chelsea, MA
  • Market: Chelsea, MA

Ryan Taylor of Coldwell Banker and Justin People acted as the brokers for the deal. They successfully facilitated the transaction between Kinvarra Capital and the buyer. This sale demonstrates their expertise and effectiveness in closing package deals in the Chelsea real estate market.

Players

Ryan Taylor
41 deals$160.2M volume(774) 270-4020
BROKER

SELLER

Details

SOLD
IMAGE: Justin People & Ryan Taylor DATE: 05/17/2022 ADDRESS: 52 Spencer Ave MARKET: Chelsea, MA ASSET TYPE: Package Deal SELLER: Kinvarra Capital BROKER: Ryan Taylor (@RyKittyPur) - Coldwell Banker & Justin People SALE PRICE: $2,585,000 SF: 5,084 ~ PPSF: $508

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$9,183.95
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