SOLD
Diamond District Prop LLC Acquires Lynn, MA Multifamily For $16.25M
171-175 Ocean Avenue & 66 Basset Street
MultiFamily
48,000 SF
48,000 SF
Sold 1 year ago
Summary
Sale
MASSACHUSETTS
MultiFamily
48,000 sqft
The multifamily property located at 171-175 Ocean Ave & 66 Basset St in Lynn, MA has been sold in a recent transaction. The property spans approximately 48,000 square feet and consists of 90 units. The sale price for this property was $16,250,000, resulting in a price per unit of $180,556 and a price per square foot of $339.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $16,250,000
- Address: 171-175 Ocean Ave & 66 Basset St, Lynn, MA
- Market: Lynn, MA
- Units: 90
- Price per Unit: $180,556
- Square Footage: 48,000
- Price per Square Foot: $339
The buyer of the property was Diamond District Prop Llc, while the seller was R&j Realty Co Inc. The transaction was facilitated by Dan Pouladian from North Shore Realty Advisors.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Dan Pouladian
DATE: 06/28/2021
ADDRESS: 171-175 Ocean Ave & 66 Basset St
MARKET: Lynn, MA
ASSET TYPE: Multifamily
BUYER: Diamond District Prop Llc
SELLER: R&j Realty Co Inc
BROKER: Dan Pouladian (@DanPouladian) - North Shore Realty Advisors
ASKING PRICE: $17,000,000
SALE PRICE: $16,250,000
UNITS: 90 ~ PPU: $180,556
SF: 48,000 ~ PPSF: $339View on map
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Address171-175 Ocean Avenue & 66 Basset Street
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