–Leading investment sales firm represents the seller and procures buyer in the transaction in Chicopee, Massachusetts–
Newton, MA (September 26, 2024)- Northeast Private Client Group® (NPCG) has announced the sale of the Brook Edge Apartments.
The Brook Edge Apartments are comprised of 36- studio, 30-one bedroom and 16-two-bedroom layouts. Tenants are responsible for their heat, which is electric baseboard. Hot Water is supplied through two central natural gas burners and is paid for by the owner. The property features ample off-street parking for the tenants as well as laundry rooms in each building. One extra unit can be realized by removing the office which is currently occupying a studio apartment.
The property is conveniently located near major transportation routes including I-91, I-391 and the Massachusetts Turnpike.
Senior Vice President, Investments Taylor Perun represented the seller and procured the buyer in the transaction.
“Western, MA continues to be a highly in demand rental market leading to strong rents and investors interest.” – Taylor Perun, Senior Vice President, Investments
Northeast Private Client Group® specializes in mixed-use, retail, industrial and multifamily real estate, exclusively representing investors, property owners, and professional real estate investors. To date, more than 1,200 successful transactions have been completed, totaling over $4 billion in value within local submarkets around the Northeast and Southeast regions of the United States.
