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Brian DApice Facilitates $11.25M Sale Of 50-Unit Multifamily In Somerville

Property Image
SOLD
$11,250,000

Maryland

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MultiFamily27,483 SF
Sold 03/19/2024
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Property Image
SOLD

Brian DApice Facilitates $11.25M Sale Of 50-Unit Multifamily In Somerville

4-8 Langmaid Avenue

See Similar Deals
MultiFamily27,483 SF
Sold 03/19/2024
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Summary

MARYLAND
Asset Type:MultiFamily
Price Per Square Foot:$409
Total Square Footage:27,483 SF
Transaction Type:Sale

The multifamily property located at 4-8 Langmaid Avenue in Somerville, MA, was recently sold for $11,250,000. The property comprises 50 units with a price per unit of $225,000. The total square footage of the property is 27,483, resulting in a price per square foot of $409.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $11,250,000
  • Units: 50
  • Price Per Unit: $225,000
  • Square Footage: 27,483
  • Price Per Square Foot: $409
  • Address: 4-8 Langmaid Avenue
  • Market: Somerville, MA

The sale of this multifamily property was facilitated by Brian DApice of The Mega Group, who represented the parties involved in the transaction.

Players

Brian DApice
16 deals$50.3M volume(978) 762-9771
BROKER

Details

SOLD
IMAGE: Brian DApice DATE: 03/19/2024 ADDRESS: 4-8 Langmaid Avenue MARKET: Somerville, MA ASSET TYPE: Multifamily BROKER: Brian DApice - The Mega Group (@TheMegaGroup) SALE PRICE: $11,250,000 UNITS: 50 ~ PPU: $225,000 SF: 27,483 ~ PPSF: $409

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