Spire Investments Acquires Multifamily Property In Peabody, MA For $2.45M

A multifamily property located at 7 Oak Street in Peabody, MA has recently been sold for $2,450,000. The property consists of 12 units, resulting in a price per unit of $204,167. This transaction was facilitated by John Craig of Marcus & Millichap on behalf of the buyer, Spire Investments, represented by Jay Goldberg.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,450,000
• Units: 12
• Price Per Unit: $204,167
• Address: 7 Oak Street, Peabody, MA
• Market: Peabody, MA

John Craig of Marcus & Millichap played a key role as the broker in this transaction, representing the buyer, Spire Investments. Jay Goldberg, on behalf of Spire Investments, was instrumental in completing the deal. The successful sale of this multifamily property demonstrates the expertise and negotiation skills of both brokers.