Paul Gnakou Of MIG Represents Buyer In 12-unit Multifamily Sale For $1.395M In Springfield MA

A 12-unit apartment building located at 40 Warriner Avenue, Springfield, MA, was sold for $1,395,000. The property encompasses 13,755 square feet, with a price per unit of $116,250 and a price per square foot of $101. The building is fully occupied, featuring a combination of one- and two-bedroom units. It presents a strong rental history and modern amenities.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,395,000
• Units: 12
• Square Footage: 13,755
• Price Per Unit: $116,250
• Price Per Square Foot: $101
• Buyer's Representative: Paul Gnakou - MIG
• Seller's Representative: Robert Couture - CP Property Group

This transaction involved key representatives from both sides, with Paul Gnakou representing the buyer and Robert Couture representing the seller. Their roles were crucial in facilitating the sale of this multifamily property in Springfield, MA.