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Coolidge Corner Apartments Sold for $24M

May 12, 2021 | Reprints | Unlock Link | Print

Photo courtesy of Boston Realty Advisors

A 25-unit apartment complex at Brookline’s Coolidge Corner has been acquired for $23.9 million by a Billerica-based investor following a marketing process that attracted close to 40 offers.

The Calvin at Coolidge Corner includes a range of luxury apartments ranging from studios to penthouses, along with three ground-floor retail spaces and 24 below-grade parking spaces.

420 Harvard FMS LLC, a Billerica company that lists Hamid Shirkhan as manager, bought the property from developer 420 Harvard Assoc. on May 7. The sales price equates to $800,000 per unit.

Boston Realty Advisors represented the sellers and buyers.

B&T Daily