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North Grafton Apartments Sell For $1.76M

Jan 18, 2010 | Reprints | Unlock Link | Print

3 Carroll Drive, North Grafton Lakeview Manor, a 24-unit apartment complex in North Grafton, has sold for $1.76 million.

Located on an acre lot at 3 Carroll Drive (near Route 122 and Route 140 in North Grafton), the property consists of 16 two-bedrooms and eight one-bedroom units in four, six-unit buildings.

Robert Tito and Dan McGee of NAI Hunneman, represented the seller, Lakeview Manor LLC, and procured the buyer, Sahara Real Estate.

"It’s a magnificent property that offers some water views of Lake Ripple and is strategically located close to the MBTA commuter train and the Massachusetts Turnpike," said Tito. "Sahara Real Estate will hold these apartments as an income property. We’re very pleased to have found a perfect buyer for this property that had attracted a number of investors."

Residential Real Estate