Walter Heller Purchases Multifamily Property From MJ Cobalt In Rockland For $2.95M

The property involved in this transaction is a multifamily asset located at 67-71 John A Dunn Memorial Drive in Rockland, MA. The sale price was $2,950,000, with a total of 12 units. The property spans 10,892 square feet, resulting in a price per unit of $245,833 and a price per square foot of $270.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,950,000
• Units: 12
• Square Footage: 10,892
• Price Per Unit: $245,833
• Price Per Square Foot: $270
• Buyer: Walter Heller
• Seller: MJ Cobalt
• Broker: Nick Jasinski - Berkadia

Walter Heller acquired the multifamily asset from MJ Cobalt, with the transaction facilitated by broker Nick Jasinski of Berkadia. This deal showcases the involvement of established professionals in the multifamily property market in Rockland, MA.