Midland Capital Partners Acquires Multifamily Property In Augusta, ME For $8M

The multifamily property located at 82 Glenridge Dr in Augusta, ME has been sold for a price of $8,000,000. The transaction took place on 02/23/2022. The property consists of 120 units, resulting in a per unit price of $66,667. The sale was facilitated by brokers Tony McDonald & Nick Lucas from The Boulos Company, representing the buyer Midland Capital Partners and the seller Silver Street Partners.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $8,000,000
• Units: 120
• Price Per Unit: $66,667
• Date: 02/23/2022
• Address: 82 Glenridge Dr
• Market: Augusta, ME

The successful closing of this transaction showcases the expertise and professionalism of the brokers involved, Tony McDonald & Nick Lucas from The Boulos Company. Their representation ensured a smooth process for both the buyer, Midland Capital Partners, and the seller, Silver Street Partners.