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239-245 High Street, 435 Cherry Street & 447 Cherry Street
SOLD

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

239-245 High Street, 435 Cherry Street & 447 Cherry Street

MultiFamily
clock iconSold 37 days ago
Spencer Smith
Dennis Kelleher
John Pentore
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Summary

Sale
MASSACHUSETTS
MultiFamily

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:

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.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

Spencer Smith's profile picture
Spencer Smith
Horvath & Tremblay-image
Associate
$27.3M Sold

Details

Deal Summary
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SOLD
IMAGE: Dennis Kelleher, John Pentore & Spencer Smith - DATE: 06/07/2024 ADDRESS: 239-245 High Street, 435 Cherry Street & 447 Cherry Street MARKET: Fall River, MA ASSET TYPE: Multifamily BROKERS: Dennis Kelleher, John Pentore (@Juconn) & Spencer Smith - Horvath & Tremblay SALE PRICE: $2,420,000 UNITS: 25 ~ PPU: $96,800 NOTE: Dennis Kelleher, John Pentore, and Spencer Smith of Horvath & Tremblay successfully closed the sale of the Cherry and High St. Portfolio, a 25-unit multi-family portfolio, at a sale price of $2.42 million and a 6.95% cap rate.

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Address239-245 High Street, 435 Cherry Street & 447 Cherry Street

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