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77 Fulton St, Woonsocket, R...

Marcus & Millichap Sells Woonsocket Multifamily For $4.9M At 77 Fulton St
SOLDMultiFamily

Marcus & Millichap Sells Woonsocket Multifamily For $4.9M At 77 Fulton St

77 Fulton St, Woonsocket, RI, USA

$4,875,000

$202/SF

Building Size

24,099 SF

Asset Type

MultiFamily

Closing

Sep 28, 2021

AI

A multifamily property located at 77 Fulton St in Woonsocket, RI has recently been sold for a price of $4,875,000. The transaction took place on 09/28/2021 and was facilitated by broker Harry Verenis from Marcus & Millichap. The property consists of 36 units, resulting in a per unit price of $135,417.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,875,000
  • Address: 77 Fulton St, Woonsocket, RI
  • Market: Woonsocket, RI
  • Broker: Harry Verenis - Marcus & Millichap
  • Units: 36
  • Price Per Unit: $135,417

Harry Verenis from Marcus & Millichap played a key role as the broker in facilitating this transaction. The sale of this multifamily property is a significant deal in the Woonsocket market, showcasing the demand for such assets in the area.

Players

Harry Verenis

Grove Property Group

Broker

$29.6M

vol

11 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Woonsocket 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

3.25%

Cash-on-Cash

-0.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93