Eastborough Village Apartments Inc., based in Boston, sold the property, says CB Richard Ellis' Steve Rahe, co-broker for the sale. Eastborough Village is a 111-unit property built in 1972. Despite its age, it has a good location four blocks southeast of the Citadel Mall and two blocks east of Academy Boulevard, a major thoroughfare in the Springs. Willmax is planning a major renovation, say brokers.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.