Rolling Green Drive Owner LLC Acquires Multifamily Property In Milford, MA For $87M

The multifamily property located at 1 Rolling Green Dr in Milford, MA has been sold for $87,000,000. The transaction took place on January 26, 2022. The property consists of 304 units, with a price per unit of $286,184. The buyer of the property is Rolling Green Drive Owner LLC, while the seller is PhilMor REI Milford, LLC. The sale was facilitated by Simon Butler, Biria St. John, and John McLaughlin of CBRE Capital Market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $87,000,000
• Number of Units: 304
• Price Per Unit: $286,184
• Buyer: Rolling Green Drive Owner LLC
• Seller: PhilMor REI Milford, LLC
• Broker: Simon Butler, Biria St. John, and John McLaughlin - CBRE Capital Market

The sale of this multifamily property represents a significant transaction in Milford, MA's real estate market. It highlights the strong demand for properties in this area and the confidence of buyers and sellers in the market.