Horvath & Tremblay Brokers Facilitate $5.16M Sale Of Multifamily Property In Waltham, MA

An off-market multifamily property located at 95 Adams St, 23-25 Maple St, & 29-31 Maple St in Waltham, MA has been sold for a price of $5,155,000. The property consists of 24 units with an average price per unit of $214,792. The total square footage of the property is 18,463, resulting in a price per square foot of $279. The transaction took place on September 24, 2021, and the property achieved a 5% capitalization rate.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,155,000
• Units: 24
• Price per Unit: $214,792
• Square Footage: 18,463
• Price per Square Foot: $279
• Capitalization Rate: 5%

The sale of this multifamily property was facilitated by Dennis Kelleher and John Pentore from Horvath & Tremblay, who represented the parties involved in the transaction. They played a crucial role in orchestrating the successful sale of the property within the Waltham, MA market.