Christie and McGee of NAI Hunneman brokers $5.18m sale of 24-unit apartment property
NAI Hunneman recently brokered the $5.18 million sale of 24 apartment units to Fortium Realty LLC.
The sale involved a brick garden-style building at 15 Leicester St. NAI Hunneman executive vice president/principal Carl Christie and sales associate Dan McGee represented the seller, The Man Trust, and procured buyer Fortium in the transaction.
"With its eclectic mix of retail and restaurant amenities, Brighton remains a highly sought destination for Boston renters, drawing both students and young professionals," said McGee. "With a stable tenant roster and room for rental rate growth, 15 Leicester St. represents a great investment for its new owner."
The apartments at 15 Leicester St. feature hardwood flooring and are large for their dense urban location, with 20 two-bedroom units and 3 three-bedroom units in the mix. All of the units were occupied at the time of the sale.
New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
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