Northeast Private Client Group Acquires 26-Unit Multifamily Portfolio In Lowell, MA For $4.56M

Four multifamily properties in Lowell, MA have been sold for a total of $4,560,000. The properties are located at 41 Gaudreau Street, 326 Hildreth Street, 181 Parker Street, and 300 Foster Street. The sale was facilitated by Drew Kirkland and Jim Casey from the Northeast Private Client Group. The transaction involved a total of 26 units, with an average price per unit of $175,385. The capitalization rate for the deal is 4.52%.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,560,000
• Address: 41 Gaudreau Street, 326 Hildreth Street, 181 Parker Street, and 300 Foster Street
• Market: Lowell, MA
• Brokers: Drew Kirkland and Jim Casey - Northeast Private Client Group
• Units: 26
• Price per Unit: $175,385
• Capitalization Rate: 4.52%

The Northeast Private Client Group, represented by Drew Kirkland and Jim Casey, facilitated the sale of these multifamily properties. The transaction is a significant deal in the Lowell, MA market.