Rinaldi Pease Operations LLC Acquires Fall River, MA Multi Family Portfolio For $1.8M

Four multi-family buildings located at 254 Fourth Street, 270 Fourth Street, 276 Fourth Street, and 195 Rodman Street in Fall River, MA have been sold in a portfolio transaction. The buyer, Rinaldi Pease Operations LLC, acquired the properties from Cougar Capital for a total sale price of $1,800,000. The portfolio consists of 48 units, with an average price per unit of $37,500. The total square footage of the buildings amounts to 15,989, resulting in a price per square foot of $113.

Summary of transaction details

• Property Type: Multi Family
• Transaction Amount: $1,800,000
• Units: 48
• Price per Unit: $37,500
• Square Footage: 15,989
• Price per Square Foot: $113
• Market: Fall River, MA

The sale was facilitated by Spencer Smith and Dennis Kelleher of Horvath & Tremblay, representing the seller, Cougar Capital. For more information about this portfolio sale, interested parties can contact Spencer Smith at 781-776-4541.