OBP Partners Buys Pair of Suburban Boston Communities for $45.2 Million

by | Apr 2, 2018 | Commercial Real Estate News

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— Commercial Sales, Leasing, Real Estate, Consulting, and Brokering in Quincy, MA serving all the south shore including Quincy, Weymouth, Braintree, Milton, and Boston Massachusetts.

OBP Partners Buys Pair of Suburban Boston Communities for $45.2 Million

Miami-based OBP Partners has acquired a two-property, 185-unit apartment portfolio in suburban Boston from True North Capital Partners for $45.2 million, or approximately $244,000 per unit.

The portfolio consists of the 114-unit Wakefield Vista Apts. at 105-109 Hopkins St. in Wakefield, and the 71-unit Dover Heights Apts. in Acton.

Wakefield Vista is comprised of 50 one-bedroom and 64 two-bedroom units in 10 buildings and was built in 2013,…

Article From: "Key Realty Commercial Real Estate News"   Read full article