Dom Santaniello Luke Giusto Nick Bencivengo Acquire Chicopee Multifamily Asset For $6 Million

The property involved in this transaction is a multifamily asset located at 2053 Memorial Drive & 510 Mckinstry Avenue in Chicopee, MA. The transaction was finalized for a total price of $6,000,000, which accounts for 48 units with an approximate price per unit of $125,000. The total square footage of the property is 34,042, resulting in a price per square foot of $176.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,000,000
• Units: 48
• Price Per Unit: $125,000
• Square Feet: 34,042
• Price Per Square Foot: $176
• Buyer: Dom Santaniello, Luke Giusto, Nick Bencivengo - Naples Home Buyers
• Broker: Taylor Perun - NorthEast Private Client Group
• Financing: Jeremy Procon - Whitefish Capital, Inc
• Buyer's Attorney: Jonathan Breton - Bacon Wilson

This transaction was notably closed in just 29 days, illustrating the efficiency of the involved parties in executing the sale.