Updated Dec 18, 2023
Jamie Russo Acquires Retail Property In Revere, MA From Artan Villadesi
207 Shirley Avenue, Revere, MA, USA
$1,200,000
$312/SF
Building Size
3,846 SF
Asset Type
Retail
Closing
Jun 14, 2020
About this deal
AI
Located at 207 Shirley Ave in Revere, MA, this retail property was recently sold in a closed transaction. The property spans 3,846 square feet and was sold for a price of $1,200,000, resulting in a price per square foot of $312. The sale took place on June 14, 2021.
Summary of Transaction Details
- Property Type: Retail
- Transaction Amount: $1,200,000
- Address: 207 Shirley Ave, Revere, MA
- Square Footage: 3,846
- Price per Square Foot: $312
- Market: Revere, MA
The seller of the property was Artan Villadesi, while the buyer was Jamie Russo. This retail property offers a prime investment opportunity in the Revere, MA market. The successful transaction highlights the expertise of Jamie Russo, representing the buyer in this deal.
Players
Revere Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93