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NAI Hunneman’s Capital Markets Group Brokers $3.3 Million Multifamily Sale

03/30/2015

Christie, McGee & Lieber Represent Seller & Procure buyer in the Sale of 41-units in North Attleborough

 

BOSTON—NAI Hunneman, a leading provider of commercial real estate services, recently brokered the $3.3 million sale of a 41-unit multifamily property located at 130 & 158 North Washington Street in North Attleborough, MA.

Executive Vice President/Principal Carl Christie, assisted by Sales Associates Dan McGee & Henry Lieber represented the seller Library & Washington Court Apartments and procured the buyer Hearthstone Corp.

“We received strong interest and multiple offers from the investor community due to the asset’s in place income as well as its future upside potential,” said Christie. “Brick buildings with off-street parking and a central downtown location were additional benefits that only increased investor interest.”

The two apartment buildings are centrally located in the heart of downtown North Attleborough with easy access to Route 1, Interstates 95 & 495 and the MBTA Commuter Rail. The two buildings consist of 6 studios, 21 one-bedrooms and 14 two-bedroom units.  The properties were fully occupied at the time of sale.   

About NAI Hunneman:

Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a member NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 6,700 professionals and 375 offices throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets. To learn more about NAI Hunneman and the NAI Global Network please visit www.naihunneman.com.

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03/30/2015 - 15:30

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NAI Hunneman

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