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
MultiFamily
52,603 SF
52,603 SF
Sold 1 year ago
Summary
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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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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