0
0
0

Pine Street Apartments trade hands for $4M

by Elizabeth Kanzeg Rowland

Marcus & Millichap’s senior managing directors Tony Pepdjonovic and Evan Griffith arranged the sale of Pine Street Apartments for $4 million.

The 19 Attleboro units, include one-, two- and three-bedroom layouts across three contiguous buildings.

Marcus & Millichap has not released the identity of the buyer.

“The seller maintained the properties very well, and buyers were attracted to that pride of ownership as well as its transit-oriented location less than a half mile from the Attleboro MBTA commuter rail station,” said Pepdjonovic in a press release.

“The opportunity provided strong in-place cash flow with added upside through strategic renovations to the handful of units that have not been rehabbed recently,” added Griffith.

Read More Related to This Post

Join the conversation

[gravityform id="3" title="true" description="false" ajax="true"]