Multifamily Portfolio At 71-85 American Legion Highway In Westport Sold For $1.15M

An 8-unit multifamily portfolio located at 71-85 American Legion Highway in Westport, MA has sold for $1,150,000. The property encompasses 5,264 square feet and consists of two brick 4-family buildings. It features a total of 12 bedrooms and 8 bathrooms, along with over 20 parking spaces, and spans nearly 3 acres of land.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,150,000
• Units: 8
• Price Per Unit: $143,750
• Square Footage: 5,264
• Price Per Square Foot: $218
• Broker: Kim Thomas - Realty One Group

The transaction was facilitated by Kim Thomas from Realty One Group, representing the interests pertinent to the sale. The deal highlights the growing demand for multifamily properties in the Westport market.