Updated Dec 19, 2023
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
About this deal
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
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Boundary boundary · Retail · Sale transactions
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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