Greater Boston Traded Assets - Carey Cap Rate Report 3+ 19-8

After a week of reviewing new listings we are back this week to evaluate some of the recently traded 3+ unit Multifamily Greater Boston properties. This weeks reports continues to provide a look at properties sold during the very active second quarter of 2019.

Staying with the properties selling around the $2m+ price range investors are seeing 5+ cap rate potential on most of these traded assets and those selling a under 5 are still a respectable 3+ for the downtown locations of these properties.

Many of these properties have been inspected but the information provided in the report as well as the income/expenses used to calculate the ratings are based on estimates, therefore many assumptions have been made about each of the properties that would require a property visit and/or further research and due diligence before relying on this information to formulate an offer.

For more detailed information about any specific property simply email me at mcarey@sennere.com or complete a contact me form at markccarey.com/contact   and provide the report # and property number with your request for a detailed report and if you want to schedule a property visit then also provide your availability for showing times.