Premier Capital Partners Acquires 55-Unit Multifamily In Boston's Back Bay For $23.1 Million

Premier Capital Partners has acquired a 55-unit apartment property located at 16-20 Westland Avenue in Boston's Back Bay area. The property was sold by Serone Asset Management for a total of $23.1 million. The apartment units were sold at an average price of $420,000 each.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $23,100,000
• Units: 55
• Price Per Unit: $420,000
• Address: 16-20 Westland Avenue, Boston, MA
• Market: Boston, MA

Premier Capital Partners, led by their representative from the purchasing side, successfully completed the acquisition of the 55-unit apartment property in Boston's Back Bay area.