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Horvath & Tremblay Represents Jeff Holloran In $17.6M Multifamily Sale In Beverly, MA

62 Cabot Street, 64 Cabot Street, 66 Cabot Street, 80 Cabot Street, 84 Cabot Street, 130 Cabot Street, 5 Pleasant Street, 39 Railroad Avenue
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This MultiFamily property located in MA was sold for $17,600,000 over 3 years ago. The brokers of the deal were Stephen Girolamo and Steve Girolamo

The multifamily property located at 62 Cabot Street, 64 Cabot Street, 66 Cabot Street, 80 Cabot Street, 84 Cabot Street, 130 Cabot Street, 5 Pleasant Street, and 39 Railroad Avenue in Beverly, MA, was recently sold for a total price of $17,600,000. The transaction took place on 07/30/2021.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $17,600,000
  • Total Square Footage: 52,603
  • Price per Square Foot: $335
  • Total Units: 77
  • Price per Unit: $228,571
  • Capitalization Rate (CAP): 5.95%

The seller of the property was Jeff Holloran. The sale was facilitated by Steve Girolamo from the brokerage Horvath & Tremblay, who represented the seller in the transaction.

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Deals
  • Location
    62 Cabot Street, Beverly, MA, USA62 Cabot Street, Beverly, MA, USA
  • Sale Price
    $17,600,000$17,600,000
    $334 PPSF$334 PPSF
  • Area
    52,603 SF52,603 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Steve Girolamo

Steve Girolamo

Deals50
Sold$148.7M

Agency

Horvath & Tremblay

Horvath & Tremblay

Agency
Deals645
Volume$2.5B

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Deal Summary

SALE IMAGE: Steve Girolamo DATE: 07/30/2021 ADDRESS: 62 Cabot Street, 64 Cabot Street, 66 Cabot Street, 80 Cabot Street, 84 Cabot Street, 130 Cabot Street, 5 Pleasant Street, 39 Railroad Avenue MARKET: Beverly, MA ASSET TYPE: Multifamily SELLER: Jeff Holloran BROKER: Steve Girolamo - Horvath & Tremblay SALE PRICE: $17,600,000 SF: 52,603 ~ PPSF: $335 UNITS: 77 ~ PPU: $228,571 CAP: 5.95%

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62 Cabot Street, 64 Cabot Street, 66 Cabot Street, 80 Cabot Street, 84 Cabot Street, 130 Cabot Street, 5 Pleasant Street, 39 Railroad Avenue

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