Marcus & Millichap Represents Seller In $7.1 Million Sale Of 30-Unit Multifamily Property

Ashton Place Apartments is a 30-unit multifamily property located at 11 Ashton Place in Methuen, MA. The property was sold for $7,100,000, resulting in a price per unit of $236,667.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,100,000
• Units: 30
• Price Per Unit: $236,667
• Date of Sale: 10/24/2025
• Brokers: Evan Griffith & Tony Pepdjonovic - Marcus & Millichap

Marcus & Millichap was involved in the transaction, representing the seller and securing the buyer for the deal. The transaction highlights the activity in the Merrimack Valley market for multifamily properties.