EverWest Real Estate Investors Acquires Multifamily Property In Charlestown, MA For $96.3M

Located in Charlestown, MA, the multifamily property at 32 Cambridge St has recently been sold in a transaction that closed on 06/23/2022. The property consists of 171 units and was sold for a total price of $96,300,000, equating to an average price per unit of $563,158. The sale was facilitated by the brokerage firm CBRE, with Simon Butler, Biria St. John, and John McLaughlin representing both the buyer and the seller.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $96,300,000
• Units: 171
• Price Per Unit: $563,158

EverWest Real Estate Investors emerged as the buyer in this transaction, while Berkeley Investments served as the seller. The deal was successfully negotiated by the CBRE team, including Simon Butler, Biria St. John, and John McLaughlin. Their expertise and guidance played a crucial role in ensuring a smooth and successful sale.