Jonathan Aron's KeyPoint Partners Facilitates $7.9M Sale Of Allston Retail Property
1-9 N Beacon St, Allston, Boston, Massachusetts, USA
$7,940,000
Building Size
—
Asset Type
Retail
Closing
Nov 26, 2021
AI
Located in Allston, MA, the property at 1-9 North Beacon St., 491 Cambridge St., and 479-489 Cambridge St. has been sold for a total of $7,940,000. This retail asset transaction took place on November 26, 2021. The deal was facilitated by Jonathan Aron from KeyPoint Partners (KPP).
Summary of Transaction Details:
- Property Type: Retail
- Transaction Amount: $7,940,000
- Address: 1-9 North Beacon St.; 491 Cambridge St.; & 479-489 Cambridge St.
- Market: Allston, MA
Jonathan Aron, representing KeyPoint Partners (KPP), played a crucial role in ensuring the success of this transaction. The involvement of knowledgeable professionals like Aron and KPP adds value and expertise to the deal, benefitting all parties involved.
Players
Boston Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.00%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93