Derek Brazeau - Hayes & Sherry Facilitates $3.09M Sale Of Multifamily Property In Pawtucket, RI
189-210 Dartmouth St, Pawtucket, RI, USA
$3,090,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 10, 2021
AI
The multifamily property located at 189-210 Dartmouth St. in Pawtucket, RI has been sold. The transaction was facilitated by Derek Brazeau of Hayes & Sherry.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $3,090,000
- Units: 22
- Price per Unit: $140,455
The sale of this multifamily property demonstrates the strong market demand for residential assets in Pawtucket, RI. The transaction was completed on 09/10/2021, marking another successful deal in the area.
Pawtucket 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
5.13%
Cash-on-Cash
-1.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93