Michael Phillips Acquires Multifamily Asset From Bruce Percelay In Boston For $9.85M

The property asset involved in this transaction is a multifamily asset located at 529 Beacon Street, Boston, MA. It consists of 23 units, with a sale price of $9,850,000. The total square footage of the property is 13,246, resulting in a price per unit of $428,260 and a price per square foot of $743.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,850,000
• Units: 23
• Square Footage: 13,246
• Price Per Unit: $428,260
• Price Per Square Foot: $743
• Buyer: Michael Phillips
• Seller: Bruce Percelay
• Brokers: John Pentore & Dennis Kelleher - Horvath & Tremblay

This transaction was facilitated by brokers John Pentore and Dennis Kelleher, who represent Horvath & Tremblay. Their involvement played a significant role in the successful completion of the sale, connecting the buyer, Michael Phillips, with the seller, Bruce Percelay.