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Multifamily Complexes In Lowell Sold For $7M

Feb 3, 2016 | Reprints | Unlock Link | Print

A 67-unit multifamily portfolio in the Belvidere neighborhood of Lowell has been acquired for $7 million.

NAI Hunneman brokered the sale on behalf of the seller, Nesmith Park LLC, and procured the buyer, 330 Lowell LLC.

The portfolio consists of a 24-unit brick building at 330 Nesmith St. and a 43-unit brick apartment complex at 61-83 Park Avenue West. The portfolio is 98 percent occupied.

Commercial & Industrial

Multifamily Complexes In Lowell Sold For $7M

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Multifamily Complexes In Lowell Sold For $7M

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Multifamily Complexes In Lowell Sold For $7M