Marcus & Millichap arranges sale of 36-unit Peters River Residences; sold for $4.875 million

Woonsocket, RI Marcus & Millichap arranged the sale of Peters River Residences, a 36-unit apartment property according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $4.875 million.

Harry Verenis, an investment specialist in Marcus & Millichap’s Boston office, had the exclusive listing to market the property on behalf of the seller. The buyer was also secured and represented by Verenis. 

Peters River Residences is located at 77 Fulton St. The property is comprised of three buildings, consisting of two-bedroom and one-bathroom apartments.