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Wendy Traynor Acquires Multifamily Property In South End, Boston For $6.75M

Property Image
SOLD
$6,750,000

Massachusetts

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MultiFamily6,497 SF
Sold 02/26/2021
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Property Image
SOLD

Wendy Traynor Acquires Multifamily Property In South End, Boston For $6.75M

7 Union Park, South End, Boston, Massachusetts, USA

See Similar Deals
MultiFamily6,497 SF
Sold 02/26/2021
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$1,038
Total Square Footage:6,497 SF
Transaction Type:Sale

Located in the South End neighborhood of Boston, Massachusetts, a multifamily property at 7 Union Park has been sold in a recent transaction. The sale took place on February 26, 2021, and was facilitated by brokers John Neale and Brad Sprogis of Sprogis Neale Real Estate. The property, measuring 6,497 square feet, consists of four units, making it an attractive investment opportunity in the market.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $6,750,000
  • Address: 7 Union Park, South End, Boston MA
  • Market: South End, Boston MA

William E. Wilson served as the seller in this transaction, while Wendy Traynor, representing Traynor Management, acted as the buyer. With a sale price of $6,750,000, the property was valued at an average price per square foot of $1,039. This indicates a solid investment opportunity for Wendy Traynor and Traynor Management, who purchased the property at a price point of $1,687,500 per unit.

Players

6 deals$22.5M volume
BROKER

Brad Sprogis
5 deals$21M volume
BROKER

Details

SOLD
IMAGE: John Neale & Brad Sprogis DATE: 02/26/2021 ADDRESS: 7 Union Park MARKET: South End, Boston MA ASSET TYPE: Multifamily SELLER: William E. Wilson BUYER: Wendy Traynor (@the_wenders) – Traynor Management (@traynor_management) BROKERS: Brad Sprogis (@brad6828) - John Neale – Sprogis Neale Real Estate (@sprogisneale) SALE PRICE: $6,750,000 SF: 6,497 ~ PPSF: $1,039 UNITS: 4 ~ PPU: $1,687,500

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