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Jeffrey Libert Of Forest Properties Acquires Multifamily Properties In Boston For $26.9M

Property Image
SOLD
$26,900,000

Massachusetts

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MultiFamily
Sold 10/01/2024
the dealdetailscomps
Property Image
SOLD

Jeffrey Libert Of Forest Properties Acquires Multifamily Properties In Boston For $26.9M

24 Westland Avenue & 28 Westland Avenue

See Similar Deals
MultiFamily
Sold 10/01/2024
the dealdetailscomps

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Transaction Type:Sale

The property asset involved in this transaction is a multifamily real estate consisting of two apartment buildings located at 24-28 Westland Avenue, Boston, MA. The sale was executed for a total price of $26,900,000, equating to a per unit price of $489,091 across 55 units.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $26,900,000
  • Number of Units: 55
  • Price Per Unit: $489,091
  • Buyer: Jeffrey Libert - Forest Properties

The deal was facilitated by Jeffrey Libert representing Forest Properties, who has completed the acquisition of the two apartment buildings situated in Boston's Fenway neighborhood.

Details

SOLD
IMAGE: Jeffrey Libert DATE: 10/01/2024 ADDRESS: 24-28 Westland Avenue MARKET: Boston, MA ASSET TYPE: Multifamily BUYER: Jeffrey Libert - Forest Properties SALE PRICE: $26,900,000 UNITS: 55 ~ PPU: $489,091 NOTE: Forest Properties has acquired two apartment buildings at 24 and 28 Westland Ave. in Boston's Fenway neighborhood for $26.9 million, or $489,090 per unit, totaling 55 units.

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