TruAmerica Multifamily Acquires 220-Unit Multifamily Property In Cohasset, MA For $90.25M

A multifamily property located at 155 King Street in Cohasset, MA has been sold for $90,250,000. The property consists of 220 units with an average price per unit of $410,227. The seller in this transaction is AvalonBay Communities Inc., represented by Timothy J. Naughton, while the buyer is TruAmerica Multifamily, represented by Robert E. Hart.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $90,250,000
• Address: 155 King Street, Cohasset, MA
• Market: Cohasset, MA
• Units: 220
• Price Per Unit: $410,227

Timothy J. Naughton, representing AvalonBay Communities Inc., served as the seller in this transaction. On the other hand, Robert E. Hart, representing TruAmerica Multifamily, acted as the buyer. This sale represents a significant investment in the multifamily market in Cohasset, MA.