Parkway Mobile Homes Sells Multifamily Property For $5.6M To Parkway Homes Owner

Parkway Mobile Homes LLC has sold a multifamily property located at 2 Pratt St in Revere, MA. The property was acquired by Parkway Homes Owner LLC for a total sale price of $5,600,000. The property spans a total of 1,845 square feet, resulting in a price per square foot of $3,035. The transaction involved the sale of two units, with an average price per unit of $2,800,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,600,000
• Address: 2 Pratt St, Revere, MA
• Market: Revere, MA
• Seller: Parkway Mobile Homes LLC
• Buyer: Parkway Homes Owner LLC
• Square Footage: 1,845
• Price per Square Foot: $3,035
• Number of Units: 2
• Price per Unit: $2,800,000

Parkway Mobile Homes LLC acted as the seller in this transaction, while Parkway Homes Owner LLC served as the buyer. This successful deal highlights the involvement of both parties in the real estate market, contributing to the growth and development of the multifamily sector in Revere, MA.