Hongfang Yang Acquires 16-Unit Multifamily In Holyoke, MA For $1.47M
101-105 Elm St
$1,465,000
$72/SF
Building Size
20,332 SF
Asset Type
MultiFamily
Closing
Nov 29, 2022
AI
The multifamily property located at 101-105 Elm Street in Holyoke, MA has been sold for a transaction amount of $1,465,000. This property consists of 16 units with a price per unit of $91,563. The total square footage of the property is 20,332, and the price per square foot is $72.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $1,465,000
- Address: 101-105 Elm Street, Holyoke, MA
- Market: Holyoke, MA
- Units: 16
- Price Per Unit: $91,563
- Total Square Footage: 20,332
- Price Per Square Foot: $72
The buyer of the property is Hongfang Yang, and the seller is Jiao Qingsheng. The brokers involved in this transaction are Michael Bradley and Ryan Benton from Horvath & Tremblay.
Players
Cincinnati MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.83%
Cash-on-Cash
-3.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93