KiranKumar Gundavarapu Purchases Multi-Family Property From Bradley Pereira For $2,763,750 In Fall River

The property involved in this transaction is a multi-family asset located at 575 North Main Street in Fall River, MA. It comprises a total of 18 units, with a sale price of $2,763,750. The property encompasses a total square footage of 15,854, resulting in a price per unit of $153,541 and a price per square foot of $174.

Summary of transaction details:

• Property Type: Multi-Family
• Transaction Amount: $2,763,750
• Units: 18
• Square Footage: 15,854
• Price Per Unit: $153,541
• Price Per Square Foot: $174
• Buyer: KiranKumar Gundavarapu
• Seller: Bradley Pereira
• Broker: Spencer Smith - Horvath & Tremblay

In this transaction, KiranKumar Gundavarapu has acquired the property from Bradley Pereira, facilitated by the broker, Spencer Smith of Horvath & Tremblay. The deal represents a significant transfer in the multi-family market segment, emphasizing the ongoing interest in such properties within the area.