FPA Multifamily Sells 99-Unit Zen Easton Senior Apartment Community For $33 Million

The property asset involved in this transaction is a 99-unit multifamily apartment community located at 7 Roosevelt Circle in South Easton, MA. The sale price of the property was $33 million, resulting in a per unit price of $333,333.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $33,000,000
• Address: 7 Roosevelt Circle
• Market: South Easton, MA
• Units: 99
• Price Per Unit: $333,333
• Seller: Gregory A. Fowler - FPA Multifamily
• Brokers: Biria St. John, Simon Butler, John McLaughlin & Brian Bowler - CBRE

This deal involved an institutional investor tied to J.P. Morgan Asset Management, as reported by CBRE on the sale of the Zen Easton senior apartment community in Easton.