–Leading investment sales firm represents the seller and procures buyer in the transaction in Leicester, Massachusetts–
Newton, MA (May 23, 2023)- Northeast Private Client Group® (NEPCG) has announced the sale of Leicester Gardens, multifamily investment property located in Leicester, MA.
Vice President, Investments Taylor Perun and Senior Associate Tim McGeary represented the seller and procured the buyer in the transaction.
The two buildings, located at 1669-1671 Main Street, offer a combined 24 units and boast a building size of 21,942 square feet. The property was sold for $3,975,000, a testament to the strong demand for multifamily investment properties in the area.
Taylor Perun and Tim McGeary, NEPCG’s experienced Vice President Investments and Senior Associate, respectively, provided personalized solutions and expertise to ensure a successful transaction for their client. Their knowledge of the local market and commitment to delivering excellent results for their clients is evident in the sale of Leicester Gardens.
Located in Leicester, MA, the properties are highly desirable to both investors and tenants, with easy access to numerous restaurants and cafes in the area, including the well-known King Street Café and the award-winning British Beer Company. For outdoor enthusiasts, the property is located near several parks and recreational facilities, including Leicester Memorial School Park and Cedar Meadow Pond.
Overall, this successful sale further solidifies NEPCG’s reputation as a trusted and effective investment sales firm in the competitive commercial real estate market.
“The seller wanted to run a very discrete process with limited marketing in an attempt not to disturb any existing tenants. Utilizing our in-house network, we procured a more than qualified buyer to purchase the asset quickly at top-of-the-market pricing.” – Tim McGeary, Senior Associate
Northeast Private Client Group® specializes in mixed-use, retail, 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.