Israel Rodriguez Acquires 18-Unit Multifamily Portfolio In Haverhill For $2.85M As Buyer's Rep Michael Alvarez

This transaction involves the sale of an 18-unit multifamily portfolio comprising five properties located at 454 Washington Street, 19 Sixth Avenue, 41 Arch Street, 22 Hilldale Avenue, and 24 Sixth Avenue in Haverhill, MA. The properties were sold for a total price of $2,850,000, which translates to a price per unit of $158,333 and a price per square foot of $139 based on a total square footage of 20,496.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $2,850,000
• Buyer: Israel Rodriguez
• Seller: Zach Furman
• Buyer's Representative: Michael Alvarez - Alvarez Real Estate Group
• Units: 18
• Square Footage: 20,496
• Price Per Unit: $158,333
• Price Per Square Foot: $139

Alvarez Real Estate Group successfully represented the buyer, Israel Rodriguez, in this transaction, showcasing their expertise in the multifamily real estate market. The deal enhances the property portfolio for the buyer in Haverhill, MA, indicating strategic growth in the region's real estate landscape.