Egeria Real Estate Boston Acquires Retail Asset In Boston For $10.85M
151 Charles Street, Boston, Massachusetts 02114, United States
$10,850,000
Building Size
—
Asset Type
Retail
Closing
Jan 21, 2022
AI
Egeria Real Estate Boston has purchased a retail property located at 151-151A Charles St. & 153-159 Charles St in Boston, MA. The transaction took place on January 21, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $10,850,000
- Address: 151-151A Charles St. & 153-159 Charles St, Boston, MA
- Market: Boston, MA
The buyer, Egeria Real Estate Boston, completed the transaction represented by Justin Smith, Chris Peterson, Sam Koonce, Molly Lynch, David Smookler & Ben Starr of Atlantic Capital Partners.
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
1.46%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93