La Belle Maison LLC Purchases Multifamily Property 5-7 Broadway In Lawrence For $1,500,000

The property is a multifamily asset located at 5-7 Broadway, Lawrence, MA, encompassing a total of 12 units. The sale price for the transaction was $1,500,000, with a purchase price per unit of $125,000. The total square footage of the property is 11,500, resulting in a price per square foot of $130.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,500,000
• Address: 5-7 Broadway
• Market: Lawrence, MA
• Units: 12
• Price Per Unit: $125,000
• Total Square Footage: 11,500
• Price Per Square Foot: $130
• Buyer: La Belle Maison LLC
• Seller: Paul Fauvel
• Brokers: Dan Pouladian & Benjami Davis - Northshore Realty Advisors

This transaction involved key players, including the buyer, La Belle Maison LLC, and the seller, Paul Fauvel. The representation in this deal was provided by brokers Dan Pouladian and Benjami Davis from Northshore Realty Advisors, facilitating the transaction which included a total of three properties, incorporating additional addresses at 120 Lakeview Ave in Lowell and 110 Cross Street in Lawrence.