SOLDMultiFamily
Arrowpoint Properties Sells Multifamily Property For $2.01M On Howard St In Lawrence, MA
120 Howard Street, Ardmore, OK 73401
$2,010,000
$206/SF
Building Size
9,720 SF
Asset Type
MultiFamily
Closing
Sep 17, 2021
AI
The multifamily property located at 120 Howard St in Lawrence, MA has been sold for a total price of $2,010,000. The transaction took place on September 17, 2021. The property consists of 12 units, resulting in a price per unit of $167,500.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,010,000
- Units: 12
- Price Per Unit: $167,500
The seller of the property was Arrowpoint Properties, represented by David Lamattina.
Ardmore MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.89%
Cash-on-Cash
-2.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93