Destiny MA Properties LLC Acquires Multifamily Property In Boston For $8.6M

The 10-unit loft-style building located at 13-19 Stanhope Street in Back Bay, Boston, MA, was sold for $8.6 million. The transaction involved Destiny MA Properties LLC as the buyer and Bank of America as the lender. The sale price equated to $1,955 per square foot for the 4,400 square feet property.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $8,600,000
• Buyer: Destiny MA Properties LLC
• Lender: Bank of America
• Address: 13-19 Stanhope Street, Boston, MA
• Market: Boston, MA

Destiny MA Properties LLC acquired the property with financing from Bank of America. The 10-unit building was purchased for $8.6 million, with Bank of America providing $5.8 million in financing.