Charles Farnsworth Housing Corporation Purchases 2.5-Acre Development Site In Roslindale For $7.6M
Massachusetts
See Similar DealsCharles Farnsworth Housing Corporation Purchases 2.5-Acre Development Site In Roslindale For $7.6M
780 American Legion Highway
See Similar DealsSummary
The property asset sold is a development site located at 780 American Legion Highway, encompassing 2.5 acres. The sale price for the property was $7,600,000, situated in the market of Roslindale, MA. The new owner intends to construct approximately 150 units of affordable senior housing, changing from the previously proposed mixed-use developments.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $7,600,000
- Buyer: Charles Farnsworth Housing Corporation
- Seller: Lesli Suggs - The Home for Little Wanderers
- Address: 780 American Legion Highway
- Market: Roslindale, MA
- Acreage: 2.5
Lesli Suggs represented The Home for Little Wanderers in this transaction, while Charles Farnsworth Housing Corporation is set to lead the development of the new affordable housing project on the site.
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