Jonathan Aron's KeyPoint Partners Facilitates $7.9M Sale Of Allston Retail Property
SOLD
$7,940,000
Massachusetts
See Similar DealsRetail
Sold 11/26/2021
SOLD
Jonathan Aron's KeyPoint Partners Facilitates $7.9M Sale Of Allston Retail Property
1-9 N Beacon St, Allston, Boston, Massachusetts, USA
See Similar DealsRetail
Sold 11/26/2021
Summary
MASSACHUSETTS
Asset Type:Retail
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$423,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$28,209.14
Cash-on-Cash Return-1.27%
Monthly Debt Service$37,639.65
Annual Debt Service$451,675.81
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