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New Bedford Apartment Complex Fetches $9.5M

Willows Property LLC of Cranston, Rhode Island has acquired The Willows, an 89-unit apartment complex.

The complex at 50-52 New Plainville Road in New Bedford was purchased for $9.5 million.

Built in 1988, the complex contains a mix of two- and three-bedroom garden apartments.

NAI Hunneman Executive Vice President Carl Christie and Assistant Vice President Dan McGee represented the seller, Tarkin Hill Nominee Trust, and procured the buyer.

The new owner plans to continue a series of upgrades to the property, Christie said in a statement.

B&T Daily