British Colonial Apartments Update 10/25/20

Amesbury Multifamilies Acquired for $26.5M

Two multifamily properties in Amesbury have been acquired for a total of $26.5M. The British Colonial Apartments, which feature 101 units constructed in 1971 sold for $16.5M. While the Amesbury Gardens a 72 unit property constructed in 1968 traded for $10M. $27.7M in financing was provided by Hingham Savings. 

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