Raymond Safi Acquires Multifamily Property In Fall River, MA From Queen Anne Realty Trust For $5.6M

The multifamily property located at 655-685 Middle Street in Fall River, MA has been sold for a total price of $5,600,000. The property consists of 56 units, resulting in a per unit price of $100,000. It was purchased by Raymond Safi from the seller, Queen Anne Realty Trust. The transaction took place on May 19, 2022, and was facilitated by the brokers Jon Bryant, Chris Sower, John Flaherty, Bruce Lusa, Julie Regan, Mary VanNatta, and Kevin Jones from Cushman & Wakfield.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,600,000
• Units: 56
• Price Per Unit: $100,000
• Date: May 19, 2022
• Address: 655-685 Middle Street, Fall River, MA
• Buyer: Raymond Safi
• Seller: Queen Anne Realty Trust
• Brokers: Jon Bryant, Chris Sower, John Flaherty, Bruce Lusa, Julie Regan, Mary VanNatta, and Kevin Jones - Cushman & Wakfield

The sale of this multifamily property represents a significant transaction in the Fall River, MA market. The involvement of multiple brokers from Cushman & Wakfield highlights the collaborative nature of the deal. Both the buyer, Raymond Safi, and the seller, Queen Anne Realty Trust, can be commended for their successful completion of this transaction.