About Waltham Overlook
15 Dolores Avenue, Waltham, MA
207-unit apartment community located in Waltham off of Trapelo Road convenient to Interstate 95/128, the Massachusetts Turnpike and Route 2. Amenities at Waltham Overlook include a swimming pool and a fitness center. Units at Waltham Overlook range from 575 square foot ......Free
Waltham Overlook Apartments LLC has acquired the multi-family project at 15 Dolores Avenue for $73,575,000. The 207 unit complex was originally built in 1979 and includes a mix of 1 & 2 bedroom units. The property was previously purchased by True North Capital in October 2016 for $57M.
True North acquires 207 Waltham apartments for $57 million
True North Capital Partners acquired Waltham Overlook, a 207-unit Waltham apartment community, for $57 million on Friday as recorded in the Middlesex County Registry of Deeds. The sale amounts to roughly $275,362 per unit. East Boston Savings Bank provided $49.18 million in financing towards True North’s acquisition. Units at Waltham Overlook range from 575 square foot one-bedrooms to 910 square foot two-bedrooms, with rents ranging from $1,646 to $2,214 per month. Waltham Overlook last sold in July 2008 for $36 million. The following is the deed for True North’s acquisition of Waltham Overlook:
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LLC OWNER EMAIL:
LLC OWNER ADDRESS:
108 Laurel Street Concord MA
PREVIOUS DATE ACQUIRED:
Price per door Acquisition:
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