United Multi Family brokers $3.8 million sale of October Hills Apartments
United Multi Family brokered the sale of a 72-unit apartment building known as the October Hills Apartments at 905 Burnside Ave. The sale was for $3.8 milion ($52,778 per unit) with the seller being Anderson Family Trust.
Handled by William Bonfanti of the Connecticut office, the brick residences were built in 1970 and consist of 9 two-bedroom and 63 one-bedroom units. The property has plenty of storage for tenants, an onsite management office, workshop, three coin-op laundry rooms, swimming pool and ample off street parking.
Woburn, MA Reveneer has relocated its global inside sales operation from Burlington to Woburn. Formerly headquartered on Burlington Mall Rd., the firm now occupies 9,800 s/f at Cummings’ landmark TradeCenter 128 business and technology campus.