Akelius Acquires 54-Unit Multifamily In Boston For $21.9M

Located at 49 Worthington Street in Boston, MA, this recently closed multifamily property transaction has generated significant attention. The property was sold by Coppola Management, while the buyer was Akelius. The deal was facilitated by Boston Realty Advisors, with the brokers involved being Kevin Benzinger, Jason Weissman, Andrew Herald, and Nick Herz. The sale price for this transaction amounted to an impressive $21,900,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $21,900,000
• Address: 49 Worthington Street, Boston, MA
• Market: Boston, MA
• Units: 54
• Price per Unit (PPU): $405,556

With a total of 54 units, this multifamily property commanded a price per unit of $405,556. The successful sale was made possible by the efforts of Kevin Benzinger, Jason Weissman, Andrew Herald, and Nick Herz of Boston Realty Advisors, who worked tirelessly to ensure a smooth transaction. The involvement of these key individuals and the notable companies they represent further underscore the significance of this deal.