–Leading investment sales firm represents the sellers and procures the buyers for the multifamily property in Lowell, Massachusetts–
Newton, MA (June 6,2023) –Northeast Private Client Group® (NEPCG) has announced the sale of Willard Street Apartments in Lowell, Massachusetts.
Senior Associates Francis Saenz, Drew Kirkland, Jim Casey, Brad Carlson, and Associate Brett Curtis represented the seller and procured the buyer for the $12,850,000 transaction.
The Willard Street Apartments are located at 134-140 & 148 Willard Street in Lowell, MA. The property consists of three buildings on two lots and features 72 units. The apartments are situated in the Centreville neighborhood, which borders downtown Lowell and is approximately 30 minutes north of downtown Boston.
The Centreville neighborhood, known for its residential character, provides residents convenient access to the downtown business district. Additionally, the Willard Street Apartments are well-connected to nearby highways such as I-93 and I-495, allowing easy access to Boston, Worcester, and New Hampshire.
“The Willard Street Apartments consists of three brick buildings comprised of three (3) studios, 24 one-bedroom & 45 two-bedroom units. While in a time of uncertainty, we were able to source a buyer off-market and negotiate a deal between the two parties. The new owners will experience significant value-add through interior renovations, market rents & capital improvements throughout the property for years to come.” – Francis Saenz, 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.