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Blackrock Realty Advisors Acquires Multifamily Property In Weymouth For $103.1M From Richard High & Peter Mahoney

Property Image
SOLD
$103,100,000

Massachusetts

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Mobile Home
Sold 01/30/2025
the dealdetailscomps
Property Image
SOLD

Blackrock Realty Advisors Acquires Multifamily Property In Weymouth For $103.1M From Richard High & Peter Mahoney

95 Parkview Street

See Similar Deals
Mobile Home
Sold 01/30/2025

Summary

MASSACHUSETTS
Asset Type:Mobile Home
Transaction Type:Sale

The transaction involves the sale of The Commons at Southfield Highlands, a multifamily asset located at 95 Parkview Street, Weymouth, MA. The property, constructed in 2011, features 300 apartments, along with 8,200 square feet of retail space. The multifamily asset was sold for $103.1 million, equating to a price per unit of $343,667.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $103,100,000
  • Units: 300
  • PPU: $343,667
  • Buyer: Blackrock Realty Advisors
  • Seller: Richard High & Peter Mahoney - John M. Corcoran & Co

The sale signifies a transaction between John M. Corcoran & Co. and Blackrock Realty Advisors, with Richard High and Peter Mahoney representing the seller in this deal. The property includes various amenities, such as a fitness center and pool, that cater to residential needs.

Details

SOLD
IMAGE: Richard High & Peter Mahoney DATE: 01/30/2025 ADDRESS: 95 Parkview Street MARKET: Weymouth, MA ASSET TYPE: Multifamily BUYER: Blackrock Realty Advisors SELLER: Richard High & Peter Mahoney - John M. Corcoran & Co (@JohnMCorcoranandCo) SALE PRICE: $103,100,000 UNITS: 300 ~ PPU: $343,667 NOTE: John M. Corcoran & Co. sold The Commons at Southfield Highlands in Weymouth to Blackrock Realty Advisors for $103.1 million. The 2011-built property includes nearly 300 apartments, 8,200 square feet of retail space, and amenities like a fitness center and pool.

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