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NAI Hunneman’s Capital Markets Group Brokers $5.2 Million Multifamily Sale

07/09/2015

Christie, McGee & Lieber Represent Seller & Procure buyer in the Sale of 24-units in Belmont

BOSTON—NAI Hunneman, a leading provider of commercial real estate services, recently brokered the $5.2 Million sale of a 24-unit multifamily property located at 61 - 63 Moraine Street in Belmont, MA.

Executive Vice President/Principal Carl Christie, assisted by Sales Associates Dan McGee & Henry Lieber represented the seller The LaFauci Family Realty Trust and procured the buyer CMS Realty Partners LLC. Sold by the original builder, the property offers tremendous upside via renovation of the units.

“The buyer was seeking a well-located brick apartment building with upside potential and the timing was right for the owner to sell,” said Christie.  “We were able to connect both sides and the deal came together quickly.”

Situated in Waverly Square in close proximity to Route 60 near the Waltham line 61-63 Moraine Street is comprised one- and two bedroom units. The property is located near a wealth of area amenities including the Beaver Brook Reservation which is home to 59 acres of open fields, walking/biking trails and woodlands.

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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07/09/2015 - 15:45

Source

NAI Hunneman

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