Horvath & Tremblay Brokers Sell Fall River Multifamily Portfolio For $2.42M

The Cherry and High St. Portfolio, a 25-unit multi-family property located at 239-245 High Street, 435 Cherry Street, and 447 Cherry Street in Fall River, MA, was sold for $2.42 million, achieving a 6.95% cap rate. This portfolio consists of 25 units with a price per unit of $96,800.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,420,000
• Units: 25
• Brokers: Dennis Kelleher, John Pentore & Spencer Smith - Horvath & Tremblay

Dennis Kelleher, John Pentore, and Spencer Smith from Horvath & Tremblay were the brokers who facilitated the successful sale of the Cherry and High St. Portfolio. Their expertise and negotiation skills played a crucial role in finalizing this transaction.