Serone Asset Management Acquires Multifamily Property On Westland Avenue, Boston For $24M

16-20 Westland Avenue, Boston, MA, USA

$24,000,000

$854/SF

Building Size

28,085 SF

Asset Type

MultiFamily

Closing

Mar 26, 2020

AI

The multifamily property located at 16-20 Westland Avenue in Boston, MA has been sold for a total price of $24,000,000. The transaction took place on March 27, 2020.

Summary of transation details

Property Type: Multifamily
Transaction Amount: $24,000,000
Units: 55
Price Per Unit: $436,364

The seller of the property was Coppola Management, while Serone Asset Management acted as the buyer. The deal was facilitated by Kevin Benzinger, Jason Weissman, Andrew Herald, and Nick Herz of Boston Realty Advisors.

Players