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189-210 Dartmouth St, Pawtu...

Updated Sep 9, 2024

Derek Brazeau - Hayes & Sherry Facilitates $3.09M Sale Of Multifamily Property In Pawtucket, RI
SOLDMultiFamily

Derek Brazeau - Hayes & Sherry Facilitates $3.09M Sale Of Multifamily Property In Pawtucket, RI

189-210 Dartmouth St, Pawtucket, RI, USA

$3,090,000

Units

20

Asset Type

MultiFamily

Closing

Sep 10, 2021

About this deal

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.

The multifamily sale at 189-210 Dartmouth St, Pawtucket, RI, USA in Pawtucket, Rhode Island sold for $3.1M in 2021. Reported inventory is 20 units across 20 units. Derek Brazeau, Cushman & Wakefield appear on the sale alongside Cushman & Wakefield. This page is the Pawtucket, Rhode Island file for the 189-210 Dartmouth St, Pawtucket, RI, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Pawtucket sit in the Market section below. Filter that Pawtucket multifamily set by closing date to see what else sold near 189-210 Dartmouth St, Pawtucket, RI, USA around 2021. Published consideration for 189-210 Dartmouth St, Pawtucket, RI, USA is $3.1M, dated 2021. Cite this Derek Brazeau - Hayes & Sherry Facilitates $3.09M Sale Of Multifamily Property In Pawtucket, RI sale when underwriting similar multifamily product around Pawtucket, Rhode Island.

Players

Derek Brazeau

Cushman & Wakefield

Broker

$11.3M

vol

5 deals

Broker

Pawtucket MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $154.5K per unit across 20 units on a published $3.1M (2021).

Visit Derek Brazeau to view all their deals.

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

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