Michael Bradley Of Horvath & Tremblay Brokers $5M Sale Of 57-Unit Multifamily Portfolio In Springfield MA

The property involved in this transaction is a multifamily asset located at 64-74 Mill Street and 51 & 59 Fort Pleasant Avenue in Springfield, MA. The sale price of the property was $5,000,000, comprising a total of 57 units across three buildings. The total square footage of the property is 44,182, resulting in a price per unit of $87,719 and a price per square foot of $113.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,000,000
• Units: 57
• Square Footage: 44,182
• Price Per Unit: $87,719
• Price Per Square Foot: $113
• Market: Springfield, MA
• Broker: Michael Bradley - Horvath & Tremblay

Michael Bradley of Horvath & Tremblay facilitated the transaction, representing the sale of the Mill & Fort Pleasant portfolio. The transaction concluded on April 25, 2025.