William MacDonald Of Mill Creek Residential Sells Deco Apartments In Quincy For $67M

The property asset involved in the transaction is a 180-unit multi-family dwelling located at 625 Burgin Parkway, Quincy, MA. The sale price was $67,000,000, reflecting a price per unit of $372,222. This transit-oriented property is positioned conveniently across from the Quincy Adams Station on the MBTA Red Line.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $67,000,000
• Units: 180
• Price Per Unit: $372,222
• Seller: William MacDonald - Mill Creek Residential
• Market: Quincy, MA

William MacDonald represented Mill Creek Residential in the transaction. The sale reflects a notable 10% increase from the property's previous sale price of $61.6 million in 2021.