Boston, MA 02128,Blue Line Portfolio
$47,000,000
$50,000,000
6.0%
Est.Price: ?

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Blue Line Portfolio Boston, MA 02128

Est. payment /mo
SOLD DATE : 09/30/2022

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Eric Coury

Eric Coury

The Coury Team Homes - KW ELITE

+1(508) 838-6956

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $47,000,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 72901002

Property Description

a 36-building, transit-oriented apartment portfolio containing 114 units located in the East Boston neighborhood of Boston, Massachusetts. From 2014-2015, the Sponsor individually acquired the assets and underwent a specific value-enhancement program. Currently 98% leased, The Portfolio offers investors significant value-add upside through in-unit finishes and the potential for additional density. The entirety of the Portfolio spans across a 2.5-mile distance in East Boston, offering investors immediate scale in a popular Boston neighborhood.

Location

State MA

County Suffolk

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Listed by Jones Lang LaSalle New England, LLC
Bought with Kellie Coveney • Jones Lang LaSalle New England, LLC
agent

Eric Coury

Realtor - Team Manager

+1(508) 838-6956

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