Andrew Freed Purchases Multifamily Asset From Dave Moreau For $2,500,000 In Woonsocket RI

The transaction involved a multifamily property located at 425 Wood Avenue & 54 Hamlet in Woonsocket, RI. The sale price was set at $2,500,000 for a total of 21 units. The property spans a square footage of 9,611, resulting in a price per unit of $119,047 and a price per square foot of $260.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,500,000
• Buyer: Andrew Freed
• Seller: Dave Moreau
• Broker: Josh Morris - New England Apartment Group
• Units: 21
• Square Footage: 9,611
• Price Per Unit: $119,047
• Price Per Square Foot: $260

Andrew Freed acquired the property from seller Dave Moreau, with the transaction facilitated by broker Josh Morris from New England Apartment Group, representing the interests of both the buyer and seller in this multifamily deal.