United Multi Family brokered the sale of a 25 unit apartment building at 169-171 Mill St. for $1.475 million ($59,000 per unit).
The transaction was handled by Richard Cawley and Jason Braun of the New England office.

The wood frame-vinyl sided residences were built in 1987 and consisted of 13-two bedroom and 12-one bedroom apartments.
Sold by Mill Street Realty Trust to Mill Street Apartments LLC with financing provided by Country Bank the CAP rate at the time of sale was 11.03% with the property having a gross annual income of $239,328.