MCR Properties LLC Acquires 13-Unit Multifamily In New Bedford, MA For $1.075M

The multifamily property located at 474 County St in New Bedford, MA has been sold. The transaction took place on 10/05/2022 with a sale price of $1,075,000. The property consists of 13 units, resulting in a price per unit (PPU) of $82,692. The total square footage of the property is 8,119, making the price per square foot (PPSF) $132.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,075,000
• Units: 13
• Price per Unit (PPU): $82,692
• Square Footage: 8,119
• Price per Square Foot (PPSF): $132
• Address: 474 County St, New Bedford, MA
• Market: New Bedford, MA

The buyer of the property is MCR Properties LLC, while the seller is Weaton Realty LLC. The transaction was facilitated by brokers Spencer Smith and John Pentore, representing Horvath & Tremblay.