October 29, 2018 – Jason Kulik of Horvath & Tremblay has arranged the sale of 9 Magnolia Street in Attleboro, Massachusetts. Kulik represented the 1031 exchange buyer to close the property at a sale price of $1,130,000 and a price per unit of $94,167.
The fully occupied, 12-unit multi-family property is comprised of 6 studio apartments, 5, two-bedroom units and (1) one-bedroom unit with 20 off-street parking spaces for the tenants. Magnolia Street is located off of Washington Street, a main commuter and retail thoroughfare traveling through Attleboro in the South Attleboro neighborhood.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in New England. Their advisors specialize in the sale of apartment buildings, mixed-use properties and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.