Marcus Partners Acquires 14.7 Acre Multifamily Development Site In North Attleboro For $6.61M

582 Kelley Boulevard is a multifamily development site located in North Attleboro, MA, covering 14.7 acres. The property was sold for $6,608,750, resulting in a price per unit of $21,739, with a total of 304 units available on the site. The price per acre amounts to $449,574.83.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,608,750
• Units: 304
• Acres: 14.7
• Price Per Unit: $21,739
• Price Per Acre: $449,574.83
• Buyer: Marcus Partners
• Seller: Matthew Geminiani
• Seller's Representative: David Linehan, Jeremy Freid, Tyler Capecci & Adam Meixner - 128 CRE

The transaction was facilitated by Marcus Partners acquiring the development site, with support from the 128 CRE brokerage team, which includes four representatives aiding in the deal execution.

Learn More: Marcus Partners Acquires 14.7 Acre Multifamily Development Site In North Attleboro For $6.61M