Apisit Limlomwongse Acquires Multifamily Property In Boston For $24M

Located in Boston, MA, the multifamily property at 20 Parmenter Street & 244-246 Hanover Street has been sold in a recent transaction. The property, spanning 31,400 square feet, features 28 units, making it an attractive investment opportunity in the thriving market.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $24,000,000
• Sale Price per Square Foot: $764
• Number of Units: 28

The sellers, Louis Karger and David Masse from Panther Residential Management, successfully closed the deal with the buyer, Apisit Limlomwongse representing Nexus Innovation of Boston. The purchase price for the property was $24,000,000, resulting in a per unit price of $857,143.