Cambridge Housing Authority Purchases Multifamily Asset From Lesley University For $8.1M
Massachusetts
See Similar DealsCambridge Housing Authority Purchases Multifamily Asset From Lesley University For $8.1M
16-18 Wendell Street
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The multifamily property located at 16-18 Wendell Street in Cambridge, MA, has been sold for a total price of $8,100,000. The asset comprises 24 units, offering approximately 12,300 square feet, resulting in a price per unit of $337,500 and a price per square foot of $659.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $8,100,000
- Address: 16-18 Wendell Street
- Market: Cambridge, MA
- Units: 24
- Square Footage: 12,300
- Price Per Unit: $337,500
- Price Per Square Foot: $659
- Buyer: Cambridge Housing Authority
- Seller: Lesley University
- Brokers: Christopher Sower, Bruce Lusa, Jonathan Bryant, John Flaherty, Kevin Jones, Mary VanNatta & Julie Regan - Cushman & Wakefield
The transaction involved key representatives from Cushman & Wakefield, specifically Christopher Sower, Bruce Lusa, Jonathan Bryant, John Flaherty, Kevin Jones, Mary VanNatta, and Julie Regan, who facilitated the process on behalf of both parties involved in the sale.
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