Kathy Mcgilvray Of The Neighborhood Developers Acquires Multifamily Property In Chelsea For $7.8M

The transaction involves a multifamily asset located at 148 Park Street, 156-160 Park Street, and 161 Pearl Street in Chelsea, MA. The sale was finalized at a price of $7,800,000, encompassing 30 units with a price per unit of $260,000. The total square footage of the property is 24,219, resulting in a price per square foot of $322.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,800,000
• Buyer: Kathy Mcgilvray - The Neighborhood Developers
• Seller: Mikael Vienneau
• Brokers: John Pentore & Dennis Kelleher - Horvath & Tremblay
• Units: 30
• Square Footage: 24,219
• Price Per Unit: $260,000
• Price Per Square Foot: $322

Key individuals involved in the transaction include Kathy Mcgilvray representing The Neighborhood Developers as the buyer and Mikael Vienneau as the seller. The brokerage firm Horvath & Tremblay facilitated the deal with John Pentore and Dennis Kelleher serving as the brokers on this transaction.