David Xiao Purchases Multifamily Asset From Chris Zanni In Beverly For $1.4M

The multifamily property located at 22 Franklin Place in Beverly, MA, was sold for a transaction amount of $1,400,000. The asset comprises 6 units and spans a total square footage of 5,101, resulting in a price per unit of $233,333 and a price per square foot of $274.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,400,000
• Units: 6
• Square Footage: 5,101
• Price Per Unit: $233,333
• Price Per Square Foot: $274
• Buyer: David Xiao
• Seller: Chris Zanni
• Brokers: Dan Pouladian & Sara Pouladian - Northshore Realty Advisors

This transaction showcases the involvement of David Xiao as the buyer and Chris Zanni as the seller, with representation by Dan Pouladian and Sara Pouladian from Northshore Realty Advisors. Their collaboration facilitated the successful closing of the deal on March 20, 2026.