Qianlong Property Management Acquires 60-Unit Multifamily In Cambridge, MA For $30.2M

The multifamily property located at 375 Harvard Street in Cambridge, MA has been sold for a total of $30,200,000. The property consists of 60 units, with an average price per unit of $503,333. The total square footage of the property is 49,080, with an average price per square foot of $615.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $30,200,000
• Units: 60
• Price Per Unit: $503,333
• Square Footage: 49,080
• Price Per Square Foot: $615

The buyer of the property is Qianlong Property Management, while the seller is Audobon Road Associates CCSPE LLC. The deal was facilitated by Kevin Benzinger, Jason Weissman, Andrew Herald, and Nick Herz from Boston Realty Advisors.