Zanzibar Capital Acquires Multifamily Property In Lynn, MA For $10.07M

Located at 24-30 Franklin St in Lynn, MA, this multifamily property was recently sold in a closed transaction. The sale was facilitated by Stephen Girolamo of Horvath & Tremblay, who represented the buyer, Zanzibar Capital. The property consists of 56 units and was sold for a price of $10,070,000, resulting in a price per unit of $179,821.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $10,070,000
• Address: 24-30 Franklin St, Lynn, MA
• Market: Lynn, MA

Zanzibar Capital, represented by Stephen Girolamo of Horvath & Tremblay, purchased this multifamily property in Lynn, MA. The deal involved the sale of 56 units at a price of $10,070,000, resulting in a price per unit of $179,821.