District Real Estate Advisors Arranges $4.045M Sale Of South Boston And Waltham Retail Properties
141 Dorchester Avenue & 301 West Street walt
$4,045,000
Building Size
—
Asset Type
Retail
Closing
Nov 24, 2023
AI
District Real Estate Advisors has arranged the sale of two Boston properties and secured leases for Waltham retailers. The sale includes two retail condos located in South Boston, with 141 Dorchester Avenue selling for $1.395 million and 301 West Street selling for $2.65 million. These properties provide an excellent opportunity for retailers in the vibrant South Boston market.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $4,045,000
- Address: 141 Dorchester Avenue & 301 West Street
- Market: South Boston & Waltham, MA
Beck Dangler, a representative from District Real Estate Advisors, specializes in urban retail leasing and played a key role in negotiating the sale of the South Boston retail condos. With their expertise, these properties were able to attract buyers and secure favorable prices. District Real Estate Advisors has also successfully secured leases for retailers in Waltham, further adding value to this transaction.
South 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
3.92%
Cash-on-Cash
-1.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93