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JLL Income Property Trust Inc. Acquires Multifamily Property In North Andover, MA For $72.5M

Property Image
SOLD
$72,500,000

Massachusetts

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MultiFamily1,399 SF
Sold 05/11/2021
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Property Image
SOLD

JLL Income Property Trust Inc. Acquires Multifamily Property In North Andover, MA For $72.5M

1252 Osgood Street, North Andover, MA 01845

See Similar Deals
MultiFamily1,399 SF
Sold 05/11/2021
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$51,822
Total Square Footage:1,399 SF
Transaction Type:Sale

The multifamily property located at 1252 Osgood St in North Andover, MA has been sold for a total price of $72,500,000. The transaction took place on 05/11/2021 and involved the sale of 192 units.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $72,500,000
  • Address: 1252 Osgood St, North Andover, MA
  • Market: North Andover, MA
  • Seller: Princeton Properties - Andrew Chabban, James Herscot & Howard Reef
  • Buyer: JLL Income Property Trust Inc.
  • Units: 192
  • Price per Unit (PPU): $377,604

The sale of 1252 Osgood St was facilitated by Princeton Properties represented by Andrew Chabban, James Herscot & Howard Reef. The buyer in this transaction was JLL Income Property Trust Inc.

Players

JLL
JLL
BUYER
PP
Princeton Properties
SELLER
PP
Princeton Properties
SELLER
PP
Princeton Properties
SELLER

Details

SOLD
IMAGE: James Herscot, Andrew Chabban & Howard Reef DATE: 05/11/2021 ADDRESS: 1252 Osgood St MARKET: North Andover, MA ASSET TYPE: Multiffamily SELLER: Princeton Properties - Andrew Chabban, James Herscot & Howard Reef BUYER: JLL Income Property Trust Inc. SALE PRICE: $72,500,000 UNITS: 192 ~ PPU: $377,604

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