Mount Vernon Company Sells Multifamily Portfolio In Brighton, MA For $36 Million

A portfolio of apartment buildings located at 61–77 Brighton Avenue, 81 Brighton Avenue, 83 Brighton Avenue, 87 Brighton Avenue, 6 Camelot Court, 110 Warren Street, and 66 Chester Street in Boston, MA, was sold for $36 million. The asset type is multifamily, situated in a student-heavy area near Boston College and Boston University.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $36,000,000
• Seller: Bruce A. Percelay
• Seller's Company: Mount Vernon Company
• Market: Boston, MA

This transaction involved Bruce A. Percelay representing Mount Vernon Company in the sale of the properties along Brighton Ave., Warren St., Chester St., and Camelot Court.