The Riverview School Acquires Multifamily Asset In Hyannis MA For $4.35M From CapeBuilt Development

The property involved in this transaction is a multifamily asset located at 255 Main Street in Hyannis, MA. The sale price of the property was $4,350,000, and it consists of 12 units, with a price per unit of $362,500. The total square footage of the property is 16,508, resulting in a price per square foot of $263.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,350,000
• Units: 12
• Price Per Unit: $362,500
• Square Footage: 16,508
• Price Per Square Foot: $263
• Buyer: The Riverview School
• Seller: CapeBuilt Development
• Brokers: Jonathan Bryant, Christopher Sower, John Flaherty, Bruce Lusa, Kevin Jones, Julie Regan & Mary VanNatta - Cushman & Wakefield
• Date of Transaction: 01/31/2025

This transaction involved multiple brokers representing the parties, including Jonathan Bryant, Christopher Sower, John Flaherty, Bruce Lusa, Kevin Jones, Julie Regan, and Mary VanNatta from Cushman & Wakefield, indicating a collaborative effort in facilitating the sale between The Riverview School and CapeBuilt Development.