Specialized Property Group Acquires 11-Unit Multifamily In Pepperell For $1.2M

Located at 97 Groton Street in Pepperell, MA, this multifamily property was recently sold in a closed transaction. The property consists of 11 units with a total square footage of 8,925. The sale price for this asset was $1,200,000, resulting in a price per unit of $109,091 and a price per square foot of $134.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,200,000
• Address: 97 Groton Street, Pepperell, MA
• Market: Pepperell, MA
• Buyer: Specialized Property Group - Ryan Corcoran
• Broker: Nick Jasinski

Specialized Property Group, represented by Ryan Corcoran, acquired this well-positioned multifamily asset in Pepperell, MA. Despite market headwinds, the property stood out due to its strong position in the market. The transaction was facilitated by broker Nick Jasinski.

It's worth noting that despite challenging market conditions, multifamily properties like this one continue to be attractive to investors.