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Marcus & Millichap Brokers $5.6M Sale Of 26-Unit Elizabeth Court Apartments In Attleboro

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SOLD
$5,600,000

Massachusetts

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MultiFamily
Sold 09/22/2025
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Property Image
SOLD

Marcus & Millichap Brokers $5.6M Sale Of 26-Unit Elizabeth Court Apartments In Attleboro

67 Elizabeth Street

See Similar Deals
MultiFamily
Sold 09/22/2025
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Transaction Type:Sale

The property involved in the transaction is a multifamily asset known as Elizabeth Court Apartments. Located at 67 Elizabeth Street in Attleboro, MA, this 1970s-era complex consists of 26 units and provides a value-add opportunity with below-market rents. The sale transaction was executed for a total price of $5,600,000, resulting in a price per unit of $215,385.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,600,000
  • Address: 67 Elizabeth Street
  • Market: Attleboro, MA
  • Units: 26
  • Price Per Unit: $215,385

Marcus & Millichap facilitated the sale, with brokers Tony Pepdjonovic and Evan Griffith representing the interests of the transaction. Their involvement highlights the significance of professional brokerage in executing real estate transactions in competitive markets.

Players

Evan Griffith
65 deals$388M volume
BROKER

Tony Pepdjonovic
Marcus & Millichap
77 deals$383.6M volume
BROKER

Details

SOLD
IMAGE: Tony Pepdjonovic & Evan Griffith DATE: 09/22/2025 ADDRESS: 67 Elizabeth Street MARKET: Attleboro, MA ASSET TYPE: Multifamily BROKERS: Tony Pepdjonovic & Evan Griffith - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $5,600,000 UNITS: 26 ~ PPU: $215,385 NOTE: Marcus & Millichap brokered the $5.6M sale of Elizabeth Court Apartments, a 26-unit property in Attleboro. The 1970s-era complex offers a value-add opportunity with below-market rents and strong suburban fundamentals.

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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$298,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$19,895.61
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,546.86
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