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