Despite current market conditions, the three-story brick building attracted a significant number of bids from potential buyers," says Carl Christie, EVP of NAI Hunneman, in a statement. "There is still tremendous appetite among investors for rightly-priced and well-located apartment buildings across eastern Massachusetts."

NAI Hunneman procured the buyer and represented the seller.Christie and Dan McGee from NAI Hunneman worked the transaction of this 70's-style garden apartment, with 17-two bedrooms and seven one-bedroom units.

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.