facebook
Traded Co logo
Submit a Deal

Fall River Real Estate Group Acquires 49-Unit Multifamily Portfolio In Fall River, MA For $5.4M

63 Hargraves Street, 28 Reuben Street, 37 Hargraves Street & 41 Hargraves Street
PointingArrow
ShareContact

This MultiFamily property located in MA was sold for $5,400,000 over 2 years ago. The brokers of the deal were Spencer Smith, John Pentore, and Dennis Kelleher

The Fall River Real Estate Group has acquired a 49-unit multifamily portfolio in Fall River, MA. The properties involved in the transaction are located at 63 Hargraves Street, 28 Reuben Street, 37 Hargraves Street, and 41 Hargraves Street. The portfolio was sold by SM Capital for a sale price of $5,400,000, surpassing the asking price of $5,000,000. The total square footage of the portfolio is 44,803, resulting in a price per square foot of $121. Each unit was sold for an average price of $110,204.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $5,400,000
  • Address: 63 Hargraves Street, 28 Reuben Street, 37 Hargraves Street, and 41 Hargraves Street
  • Market: Fall River, MA

The deal was facilitated by Spencer Smith and John Pentore of Horvath & Tremblay, who represented both the buyer, Fall River Real Estate Group, and the seller, SM Capital. The transaction represents a successful 49-unit portfolio sale in Fall River.

View Related

Deals
  • Location
    63 Hargraves Street, Fall River, Massachusetts 02723, United States63 Hargraves Street, Fall River, Massachusetts 02723, United States
  • Sale Price
    $5,400,000$5,400,000
    $120 PPSF$120 PPSF
  • Area
    44,803 SF44,803 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Spencer Smith

Spencer Smith

Deals12
Sold$24.9M

Agency

Horvath & Tremblay

Horvath & Tremblay

Agency
Deals642
Volume$2.5B

Social

Deal Summary

SALE IMAGE: Spencer Smith & John Pentore DATE: 12/17/2021 ADDRESS: 63 Hargraves Street, 28 Reuben Street, 37 Hargraves Street & 41 Hargraves Street MARKET: Fall River, MA ASSET TYPE: Multifamily BUYER: Fall River Real Estate Group SELLER: SM Capital BROKERS: Spencer Smith (@SpencerMichaelSmith_) & John Pentore - Horvath & Tremblay ASKING PRICE: $5,000,000 SALE PRICE: $5,400,000 SF: 44,803 ~ PPSF: $121 UNITS: 49 ~ PPU: $110,204 NOTE: 49 Unit Portfolio Sale

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

63 Hargraves Street, 28 Reuben Street, 37 Hargraves Street & 41 Hargraves Street

  • Social

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits